Recommend a buy on Hyflux at the price of $3.36 and below. On Fri, Hyflux managed to hold at the support level of $3.38 though the sell off VOL is high at 2.1 million (Twice Ave VOL). I strongly believe that Hyflux will be able to hold around this level and do a consolidation phrase [...]

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In last week, STI seesawed before ending with a point lost from the opening of 2907 and close lower at 2906 to mark a “Doji” candlestick with long shadow (High Indecision) in the weekly chart. The VOL in this week hit another LOWEST record for the entire 2010 and slightly lower compared with the previous [...]

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In last week, STI had a mere gain of 20 points from the opening of 2894 and close at higher of 2914 to mark a white candle with moderate shadow (Indecision) in the weekly chart. The VOL in this week is the LOWEST for the entire 2010 with only about 2/3 of the average VOL. [...]

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On 19/Mar, Singapore shares ended flat as very late sell down in DBS Group Holdings’ share price after the resignation of its chairman offset earlier gains made on strengthening convictions that U.S. interest rates will stay lower for longer. STI ended up 1.76 points at 2,915.70, with VERY LOW VOL of 1.05 billion shares traded [...]

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On 18/Mar, Singapore shares closed slightly weaker following a report that Greece may seek financial help from the International Monetary Fund. STI ended down 0.2%, or 5.36 points, at 2,913.94, with 1.32 billion shares traded compared with 1.70 billion shares Wednesday. In the broader market, losers outnumbered gainers 264 to 189. Overall STI has been [...]

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