Morning Highlights
To Practice Cautious Trading While Market Going Through Retracement…
STI opened higher after mild gains on Wall Street. However, as we mentioned in yesterday’s summary, market is now due for retracement. We have yet to identify any Sector that’s leading for the moment. Please do be nimble if you are in trades for any short term opportunities.
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 | RAMB | Ramba Energy | 0.72 | 0.655 | 0.785 | LOSS – CLOSED at 0.69 |
| 2 | SIAL | Singapore Airlines | 2.78 | 2.60 | 2.96 | |
| 3 | PTCL | Poh Tiong Choon Logistics | 0.46 | 0.42 | 0.50 | |
| 4 | STEG | ST Engineering | 2.89 | 2.73 | 3.03 | Triggered – Current Price at 2.89 |
| 5 | Centraland | 0.515 | 0.475 | 0.555 |
Stock Prices last updated at 10.35 (Singapore Time)
Here’s Our Mid Term Holding Opportunities for property shares.
- Fraser & Neave – Buy at 4.02, Stop Loss at 3.76
- Allgreen Properties – Buy at 1.21, Stop Loss at 1.04
- City Development – Buy at 10.50, Stop Loss at 9.55
- Wing Tai Holdings – Buy at 1.75, Stop Loss at 1.55
- Ezra – Buy at 2.08, Stop Loss at 1.66
- Lookout for Keppel Corp
