Genting Sp Breakout

Genting Sp had breakout its resistance 1.48 with huge volume today, the first target is 1.60, current price at 1.545, 4.32pm.

Singapore Construction Stocks

CDL HTrust Breakout 2.0

CDL Htrust is breakout out its resistance 2.0, giving dividend 5.62 cents.
Corporate Action details from SGX:
Distribution of 5.62 cents per Stapled Security comprising Taxable income of 5.23 cents per Stapled Security and Tax-exempt income of 0.39 cents per Stapled Security
Record Date * 06-02-2013
Record Time * 17:00
Date Paid/Payable (if applicable) 28-02-2013

Long Candidates

STI closed at 3273 yesterday, immediate target is 3300 and support is 3235.

Long candidates today:

Genting SP
China Fish
FirstReit
Noble
MapletreeComm

StockWatch

stockwatch for coming week starts from Jan 28:

CWT
CSE
ChipEngs
Geo Energy
IndoAgri
MapltreeComm
SATS
Ramba
Rotary
Supergrp
Tat hong
Wilmar
Yoma

Weekly Wrap

STI continue follow US market advance this week, closed at 3269 with 58 points or 1.8% up for the week. We are 30 points to reach 3300--my next target for the index. The weekly candle shows the bulls are in complete charge.

Hangseng and Shanghai market "taking a break" this week, Shanghai has had a terrific 17% gain since its Dec bottom. Will continue to focus on S-chips and Offshore/Marine sector for the coming week.

STI pivot levels for the week starts from 28 Jan.

R3: 3347
R2: 3308
R1: 3289
PP: 3250
S1: 3230
S2: 3191
S3: 3172

Biosensor Breakout

SIA Breaking Out

SIA breaking out its major resistance at 11.11, at 11.16 as at 11.19am, +6c. Target 12.12.