There is no sector in focus for today. The market is now in consolidation. Basically we are more on selling holding positions. Please refer to our closing in Quick Picks.
Just a side note, the next up wave would be to focus onChina related products. Stay tune for updates.
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)
|
|
Name |
Entry |
SL |
TSL |
TP |
Remarks |
|
|
1 |
WLIL |
Wilmar International Ltd |
5.83 |
5.63 |
5.86 |
6.03 |
PROFIT – CLOSED at 6.13 |
|
2 |
HKLD |
Hongkong Land Holdings Ltd |
4.00 |
3.84 |
|
4.16 |
PROFIT – CLOSED at 4.14 |
|
3 |
CTDM |
City DevelopmentLtd |
10.12 |
9.81 |
9.93 |
10.43 |
PROFIT – CLOSED at 10.37 |
|
4 |
SCMN |
Sembcorp Marine Ltd |
3.15 |
2.97 |
|
3.33 |
PROFIT – CLOSED at 3.18 |
|
5 |
NEPS |
Neptune Orient Lines Ltd |
1.73 |
1.62 |
|
1.84 |
PROFIT – CLOSED at 1.75 |
|
6 |
SCIL |
Sembcorp Industries Ltd |
3.30 |
3.14 |
|
3.46 |
PROFIT – CLOSED at 3.33 |
|
7 |
DBSM |
DBS Group Holdings |
13.98 |
13.6 |
|
14.36 |
LOSS – CLOSED at 13.88 |
Stock Prices last updated at 15:49 (Singapore Time)
In Summary,
There is a short term support at 2653.74. Though STI managed to break previous resistance of 2696.35, it fails to hold.
