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Thursday, May 15, 2014

STI Poised for Upside Move

Message from FB "SgTraderClub":

May 15 Thu, stockwatch
Overnight US mkt dropped. DJI-101.47, SPX-8.92, COMP flat.
Yesterday: HSI+230.39, SSE-2.82, STI+36.66 or 1.13% to 3259.09.
STI had big gap-up yesterday, index stocks bought up decisively. STI pull back to 3250-3260 support area, after it tested gap support in last two weeks. I think the index poised to go up further after recent consolidation.

Screener for bullish setup:
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Bullish Reversal Candlestick:
CDL HTrust, 4R1G+bullish reversal +High Vol
Capitaland, 4R1G+bullish reversal +High Vol
Far East Htrust, 4R1G+bullish reversal +High Vol
Hongfok, 4R1G+bullish reversal
Wilmar, bullish reversal +High Vol
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MACD 4R1G:
1st Res
Goodpack
HPL, offer price revised at 4.0
Hongfok
Jaya, 4R1G +High Vol
Osim, nice uptrending, under value stock
SPH REIT, 4R1G +High Vol, new high
SIngpost, 4R1G +High Vol,
SoilbuildbizReit,
Starhillglobal Reit
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High Vol:
HPH Trust
Super Group -28c to 2.95.
UOL

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