Scottish Oriental Smaller Companies 420p

Scottish Oriental Smaller Companies 420p is up 107% over the last 12 months. It is the 2nd best fund over 10 years having grown 533%. Only Blackrock Mining Trust (543%) has returned more over 10 years. Scottish Oriental peaked at 340p in 2007 before falling 50% to 170p  in 2008

The fund hit a NEW peak on Monday 11th Jan 2010 at 433p.The current indicators are pointing to a fall in the price. Macd and RSI both turning down. Similar setup saw the fund fall 10% in June and 6% in October to 360p at the start of November. Recent Low was 388p on 9th December. A Buy opportunity @ 388p may be available in the first 2 week of February.

If the fund price breaks below 200ema(340p) and can not get back above and stay there over the next 20 days, then that should be the trigger to SELL your holdings.