Chart[73] - ComfortDelgro

The counter slowly rebounded from its three years low ~ 1.9 last week. Downtrend could have paused here. Shall it continue to range bounce, 2.1 could be its immediate resistance. Current price might be good entry. Shall 1.9 be broken with strong volume, downtrend would resume.

Dec[11] - Cash is King

The following counters were shortlisted for its strong cash / cashflow position. Price has been easing recently which might translates to buying opportunity.

Dec[10] - Market Updates

Singapore:  
STI completed FY2017 with outstanding gain of 17%. However, trend looks stagnant from mid Oct till now. It  has been range bouncing between 3341 to 3468. 10 years peak 3550 could be visible target in FY2018. Investors shall take opportunity to reshuffle its portfolio. Debt affordability might be issue to company while we are entering high interest rate (tightening monetary policy) cycle.

 
Market Calendar on coming week:  
(SG: Singapore; CH: China; US: USA). 

Chart[72] - Japfa

The counter saw price rebounding with significant volume on last trading day. On daily chart below, it has broken resistance 0.49, and next resistance is around 0.525. Looking into weekly chart, it is potentially taking u-turn from recent downfall. Strong resistance is 0.6. Volume on subsequent days will be critical.

Dec[9] - Property Developer Review (Large Cap)

Among top 6 market capitalization of property developer listed in SGX, the following counters were shortlisted because they have high exposure to local property market. In term of valuation, they are still trading below respective book value. The counters are Capitaland (CAP), Frasers Centerpoint Limited(FCL) and UOL

Dec[8] - Market Updates

Crude Oil:  
Oil Price has been enjoying in bullish run since last June. It is supported by extended production from OPEC and non OPEC but capped by potential rising in Shale Oil production activity. Resistance ~ USD60 and support ~ USD55. Such a range bounce movement might inject confidence among oil counters investor.

Market Calendar on coming week:  
(SG: Singapore; CH: China; US: USA). 

Chart[71] - Keppel T&T

The counter saw strong buying volume on late Nov. Price retreated with thin volume afterwards. 1.55 is holding firm as support meanwhile. Shall buying ramp up again, it could test 1.64, follow by 1.71. A higher high formation might be forming. However, trend might look downwards if support 1.55 is broken.