SMRT on CSI MetaStock
MetaStock CSI System Scan is for Long Term Trade. There was a signal buy on SMRT.
Conditions for Buying are the occurrences of Green Ribbon, Blue Bar and Buy arrow.
Trigger is one bit above prior day high, and Cut Loss is one bit below prior low.
Today SMRT reached the trigger price 1.95, cut Loss be at 1.91.
SMRT is one of the Defensive Stocks in Singapore. What Does Defensive Stock Mean?
A stock that provides a constant dividend and stable earnings regardless of the state of the overall stock market.
Many active investors will invest in defensive stocks if a market downturn is expected.
SMRT remain stable during the various phases of the market cycle. During recessions it tend to perform better than the market. The Yield of dividend is 4%.
I am conducting the course on this system on 27 Feb 2010, Click Here to see detail.
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