SgTraderClub Weekly Stocks Updates: STI Trading Near Its Major Support

Wednesday, August 5, 2015

STI Trading Near Its Major Support

5/8 Wed, Stockwatch

STI formed a bullish reversal candlestick on its daily chart, accompanied with high vol and major support 3167( see my latest weekly wrap). It's expected STI will get a lift in coming days. But one thing to note the trading vol in coming days maybe thin due to public holidays on Friday and next Mon.

Stocks poised for rebound:

Biosensor
Cordlife
Singtel
Yanlord
GLP

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.