Pick of the Week Challenge: week 52 of 2010

Freeme
Genting HK $USD
Last traded price: 42.5cts
Target price: 45.5cts
Reason: MACD is flat, Stochastic showing chances to rebound while RSi is below 50%. Given that Genting HK is always among the top 30 traded volume. I decided to pick them based on volume and currently trading at the lower end of the trading channel.

Fx hunter
GMG Global
Last traded price: 28cts
Target price: 30cts
Reason: Up factors considered:  -One of the top 20 traded last week. -Strong demand on Rubber -Rubber price up trending -Rebound of Super Low RSI -Over-sold in turn pushes strong buy back

Sheng L
Wilmar
Last traded price: $5.64
Target price: $5.72
Reason: WIL’s share price has underperformed with respect to the general market as FY10 earnings are expected to come in weaker due to a squeeze in its margins, given 1) higher feedstock prices and 2) recent price caps consumer pack edible oils. time for this industry to bounce back!

Alson
FIRST RESOURCES
Last Trading Price: $1.50
Target Price: $1.58 (Buy)
Reason: Compared to Wilmar, Golden Agri, Sime Darby, etc. which has an average of 17.1X, First Resources' 11.6X FY11 earnings makes it on of the cheapest plantation stock within the entire OSK-DMG plantation universe.

Anya
Pick: Biosensors
Last Trading Price: $1.11
Target Price: $1.15
Reason: RSI - Oversold at around 22.8% (Smoothed RSI @  around 38.5%).
20D Bollinger Band with 20/50 Moving Average  - Currently on the low end of BB. Given a flat trading period now, expect the stock to hit at least 1.14 (50D MA) by next week friday, should the volume pick up, potential upside to 1.17 based on the 20D MA.