SgTraderClub Weekly Stocks Updates: Selling Off Resumed

Friday, August 19, 2011

Selling Off Resumed

Good morning.

It was a big sell-off last night in US market, with Dow dived down 420 points to below the important psychological level 11,000, it closed at 10990.

STI may test its recent low 2720. I have few shorting candidate under my radar( using CFD)

SIA Engg: it rebounded to test its 50% fib
SAR
Goldenagri
Olam
OCBC
Ho Bee

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