On Friday, Sembmar re-test the critical resistance at $5.45 and closed at $5.40 with HIGH volume of 8.81 million shares traded. A black candle stick with long lower shadow similar to a hanging man affirms that the rally has lost it momentum as investors took profit. Both RSI & MACD are flat as RSI trend [...]

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Reits / Biz Trust Macquarie Intl Infrastructure 10 Aug Banks / Finance SGX  02 Aug Great Eastern 03 Aug OCBC 04 Aug UOB 12 Aug Property / Hotel CapitaLand 04 Aug ARA Asset 08 Aug Ho Bee 08 Aug Pan Pacific Hotels 11 Aug UOL 11 Aug City Developments 12 Aug Conglomerate ST Engineering 02 [...]

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On Friday, Wilmar re-test the resistance at $5.91 and closed at $5.89 with LOW volume of 6.11 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. Both RSI & MACD are bullish though RSI in [...]

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In last week, STI merely gain 6 points from the opening of 3183 and close higher at 3189. A white candle sticks with short upper/lower shadow affirms that investors are hesitant on buying further upwards and choose to take some profit off the table. Key Economics Data report: The outcome on U.S debt ceiling remains [...]

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On 29/July, Singapore shares ended lower as concerns heighten over European sovereign debt and the U.S. debt ceiling. STI ended lower at 3189.26 (0.02%) with HIGH VOL of 1.75 billion shares traded compared with 1.73 billion shares Thursday. In the broader market, losers outnumbered gainers 319 to 187. STI undergo moderate profit taking today as [...]

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