Weekly market analysis by Fan Jun-- covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Tuesday, April 19, 2011
STI Support 3120~ 3110
STI retraced following US market sharply drop, as Standard & Poor's cut its outlook on the U.S. government debt. STI is down 21 points to 3122 now.
The support level is 3120~3110. Many blues chips are dropped to their major support level.
Below are the stocks under my watchlist with their support:
Straitsasia 2.5
Godlenagri 0.69
Indoagri 2.14
Kepland 4.35
The support level is 3120~3110. Many blues chips are dropped to their major support level.
Below are the stocks under my watchlist with their support:
Straitsasia 2.5
Godlenagri 0.69
Indoagri 2.14
Kepland 4.35
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