Morning Hightlights
The market open at 2293.32 and drop 13.45 points within the first 15min. At the present moment, it appears to be more bearish.
Australia is down by 1.24% and Nikkei is down by 1.48%. High chance for our market to go negative too.
Our Focus for Today is on Mid Cap Stocks
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):
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Name |
Entry |
SL |
TSL |
TP |
Remarks |
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1 |
WLIL |
Wilmar International Ltd |
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High volume traded during the early trading. It broke the resistance at 5.10 and went to a high of 5.13 |
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2 |
YNLG |
Yanlord Land Group Ltd |
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2.51 |
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3 |
CTDM |
City Development Ltd |
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To look out. It makes a high of 9.14 on 25/06/09 and is now trading lower. Might retest low of 8.30 made on 24/06/09 |
Bearish Stocks (Singapore):
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Symbol |
Name |
Remarks |
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1 |
CTDM |
City Development Ltd |
To look out. It makes a high of 9.14 on 25/06/09 and is now trading lower. Might retest low of 8.30 made on 24/06/09 |
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2 |
SGXL |
Singapore Exchange Ltd |
On a 15min Timeframe, SGX has been trading between 7.10 – 7.29. Since 15/06/09, 7.10 has been tested many times but always recovered. |
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