dchua1969

Vicom out of the wood

Long
SGX:WJP   VICOM LTD
After 2 years of bearish trend, this stock has finally broke out of the bearish trend and is now sitting quite nicely at the support level around 2 dollars. This is not a fast moving growth stock so investors with short term objectives might not find it attractive. Again, I have emphasised the importance of having a global portfolio of both growth and defensive stocks.

Can you imagine a football team of only strikers and no defenders ? There will be time when the opponent bypass the strikers and it would be too late ..........
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