Friday, March 9, 2018
Chart[79] - Raffles Medical
The counter has been edging upwards as highlighted on daily chart below. Price was hovering around 1.17 over past two weeks.
Looking
into weekly chart below, 1.16 serve as resistance since last year
August. Shall it be broken with convincing volume, next target could be
~1.2 follow by ~1.28. Current consolidation phase could come to end
soon.
Mar[5] - Financial Highlights
The following counters released respective latest financial results last week. A summary is provided:
Banyan Tree, Best World, Bumitama, Centurion, China Aviation Oil, China Jinjiang, CNMC, Declout, Dutech, Golden Agri and ISDN
Banyan Tree, Best World, Bumitama, Centurion, China Aviation Oil, China Jinjiang, CNMC, Declout, Dutech, Golden Agri and ISDN
Mar[4] - Financial Highlights
The following counters released respective latest financial results last week. A summary is provided:
Japfa, Mermaid Maritime, Noble, Oceanus, SingMedical, Spackman, Yanlord, Ying Li and Yangzijiang
Japfa, Mermaid Maritime, Noble, Oceanus, SingMedical, Spackman, Yanlord, Ying Li and Yangzijiang
Mar[3] - Market Updates
US:
NASDAQ hit new record high on last trading day! Market could resume its bull run soon as early of the year. Looking forward, unbarring unforeseen events, Powell's first FOMC on March end shall be next attention of market. Shall market enter crazy rally again, it is good time for reshuffling portfolio.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
NASDAQ hit new record high on last trading day! Market could resume its bull run soon as early of the year. Looking forward, unbarring unforeseen events, Powell's first FOMC on March end shall be next attention of market. Shall market enter crazy rally again, it is good time for reshuffling portfolio.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
Friday, March 2, 2018
Chart[78] - CSE Global
The counter saw strong buying volume since it released latest earning
results. From last year November, it has been trying to hit 0.39 twice.
Recent surge just shy away from the resistance about 0.05. Next spike
of buying volume could push it to break 0.39, which would form triple
top breakout.
Zooming
out to weekly chart as below, price could face next resistance ~ 0.4,
followed by 0.445. Price has been consolidating from 0.33 to 0.39 for
past 6 months. As long as price doesn't back down to 0.33 again, an
upwards breakout looks possible.
Mar[2] - Financial Highlights
The following counters released respective latest financial results last week. A summary is provided:
Asian Pay TV Trust (APPT), CSE Global, Genting Sing, QAF, Raffles Medical, Sembco Ind, Sembco Marine, Sheng Siong, ST Eng, Talkmed, United Engineer, Wheelock and Wilmar
Asian Pay TV Trust (APPT), CSE Global, Genting Sing, QAF, Raffles Medical, Sembco Ind, Sembco Marine, Sheng Siong, ST Eng, Talkmed, United Engineer, Wheelock and Wilmar
Mar[1] - Market Updates
Singapore:
STI has been swinging vigorously since beginning of the year. It wiped out its 2018 gain on early Feb, followed by strong rebound. Recent swing paused ~ 3570. Shall the index fall below 3354, a double peak would be formed which might indicate more bearishness ahead. Current trend looks like consolidation phase. A good correction is needed before next rally.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
STI has been swinging vigorously since beginning of the year. It wiped out its 2018 gain on early Feb, followed by strong rebound. Recent swing paused ~ 3570. Shall the index fall below 3354, a double peak would be formed which might indicate more bearishness ahead. Current trend looks like consolidation phase. A good correction is needed before next rally.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
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