SgTraderClub Weekly Stocks Updates: The Straits Times

Monday, November 22, 2010

The Straits Times

STI is under downside presssure on last Friday trading, negated its rebounce on previous day. I'm a bit of doubts if it will rebound at this moment, since inflation fears are continuing stalk the market.

Anyway, STI at its support level 3190 now, next support level is its 50ma at 3158 if it continue to slip.

No comments:

Subscribe to: Post Comments (Atom)

Disclaimer

SgTraderClub is a personal blog written by Fan Jun. Everything published here — including versions shared on LinkedIn, investSG.com, or other platforms — is general market commentary and my own opinion. It is not investment advice, not a research report, and not an offer or recommendation to buy or sell any security. It does not take account of your objectives, financial situation or particular needs.

I am a Trading Representative of Maybank Securities Pte Ltd. Views expressed here are mine alone and do not represent the views of Maybank Securities Pte Ltd or the Maybank group. I may hold positions in securities mentioned.

Trading and investing carry risk, including the loss of your entire capital. Past performance is not indicative of future results. Please seek advice from a licensed financial adviser regarding the suitability of any product before you invest. Historical posts on this blog reflect conditions at the time of writing and are not updated.

I never solicit trades, payments, or account details through private messages, chats, or unofficial channels. If you're contacted by anyone claiming to be me or representing SgTraderClub asking for money or account access, please do not respond and report it.