There is still no sector in focus for today. The market going through consolidation. Please do enter all trades in small risk. 

 

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 0.505

2

EZHL

Ezion Holdins

0.76

0.695

 

 

 

 

Stock Prices last updated at 14:25 (Singapore Time)

 

Afternoon Highlights

 

As mentioned earlier in the blog, the market is experiencing whipsaw. Though there is no strong sector that we are in particular focus on, there are a few stocks that we are keeping close tabs on and you might wanna be prepared in case of any signals being triggered.

 

For China Sector – Longcheer,Hongguo International and Hong Leong Asia are pretty strong

For Property Sector – UOL and Banyan tree

For commodity Sector – Indofood Agri, Straits Asia, Wilmar and golden agri

For Construction Sector – Lian Beng

For Consumer Stock – F&N

 

There are also some activities going on Macquaire International Infrastructure Fund.

 

In Summary

STI went to low of 2590.64 but quickly recovered back to support at 2593.39.

We have to observe whether 2602.51 can be sustained as a good support