On Friday, Swiber re-tests its support at $1.01 and closed at $1.02 with LOW volume of 2.22 million shares traded. A candle sticks with LONG upper/lower shadow indicates the hesitant of the investors as bull and bear fight it out. RSI & MACD are flat bullish as RSI continue to trend sideway. Important Resistance of [...]

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Reits / Biz Trust ParkwayLife Reit –> 08 November CitySpring –> 11 November Property / Hotels Allgreen –> 10 November City Developments –>  10 November Pan Pacific Hotels –> 10 November UOL –>  10 November Ho Bee –> 11 November Conglomerate / Offshore Cosco Corp –> 03 November SembMarine –> 04 November Sembcorp Industries –>  [...]

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On Friday, Capitaland re-tests its resistance at $3.91 and closed at $3.89 with HIGH volume of 22.73 million shares traded. A doji star occurred (where a doji gaps above or below the previous candle).  This often signals a reversal with confirmation occurring on the next bar. A long upper shadow occurred.  This is typically a [...]

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In last week, STI fall 51 points from the opening of 3174 and close lower at 3143. A black candle sticks with little upper/lower shadow affirms that profit taking is in place on uncertainty ahead though the selling pressure seems to ease compared with previous week. Key US Economics Data report: The coming week will [...]

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On Friday, Starhub re-tests the support at $2.60 and closed at $2.65 with LOW volume of 1.28 million shares traded. A LONG white candle sticks with little upper shadow indicates the determination of the investors wanting to re-test the resistance at $2.67. Both RSI & MACD are bullish though it displays bearish RSI divergence to [...]

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