SgTraderClub Weekly Stocks Updates: Straits Times Seen Bearish Candlestick

Friday, January 6, 2012

Straits Times Seen Bearish Candlestick

STI formed a shooting star at 2715 resistance level yesterady, it closed at 2713 in the end, after went up to as high as 2733. Consolidation area is 2676 to 2715 area. On the other hand, i see individual stocks(blue chips) are setting up for more upside. See how it work out.

I have OCBC, NOL, Kepland and EZRA to focus if market were to move up today.

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