Our Focus for Today is on Commodity.

 

Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume.

 

Bullish Stocks (Singapore)

 

Symbol

Name

Entry

SL

TSL

TP

Remarks

1

CHEL

Chemoil Energy Ltd

0.51

0.455

 

0.565

USD Counter – Overnight, Current Price at 0.475

2

IFAR

Indofood Agri Resources Ltd

1.64

1.50

 

1.78

Overnight – Current Price at 1.87

3

SCMN

Sembcorp Marine Ltd

3.42

3.17

 

3.67

Pending Order

4

GENS

Genting

0.885

0.805

0.85

0.92

Triggered – Current Price at 0.9

5

STRL

Straits Asia Resources

2.26

2.04

 

2.48

Triggered – Current Price at 2.25

6

YAZG

Yangzijiang Shipbuilding Holdings

1.05

0.955

 

1.145

 

7

WLIL

Wilmar International Ltd

 

 

 

 

 

Stock Prices last updated at 17:25 (Singapore Time)

In Summary,

STI manages to hold above 2607. It touches 2626.84 and ease back. High chance that it might cross resistance at 2626.84