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Right Timing
Right Timing
Temporary retreat leaves upmove intact, SIA could rebound
The upmove is intact. However, short term indicators are at the top end of their range following the move by the Straits Times Index to an intra-day high of 2,903 on Nov 25.
Right Timing
Cyclicals recover, setting upside targets
Cyclical blue chips that are components of the Straits Times Index continue to push higher following months in the doldrums.
Right Timing
Travel-related stocks SATS, SIA break out of key levels, taking STI to 5-month high
Among the stocks that have moved above resistances and the 50- and 100-day moving averages is Singapore Airlines, which closed at $3.83, taking it above the top of a base area at $3.59 to $3.82.
Right Timing
Battered blue chips show signs of life as STI rallies
Keppel Corp has broken out of a base formation at $4.60, indicating an upside of at least $5, a level not seen since August. The 50-day moving average has turned up, supporting the breakout.
Right Timing
Cyclicals drag STI towards March low
The Straits Times Index had an awful week, falling 114 points to end at 2,423.
Right Timing
Keppel Corp appears to bottom as CDL pummels at oversold lows
Technically at any rate, Keppel Corp appears increasingly to have formed a low of sorts and is about to challenge the top of a base formation.
Right Timing
Uptick in STI may wane as focus turns to Hong Kong; US uncertainty grows
The impending IPO of Ant Financial may shift investor interest into Hong Kong, with Singapore Exchange being increasingly sidelined.
Right Timing
Has Keppel Corp bottomed?
Technically, Keppel Corp is in a base formation with an increasing likelihood of an upside break.
Right Timing
Local market’s rebound hostage to fallout from US roller coaster
Although technical indicators of the Straits Times Index suggest some semblance of stability, the US markets could experience something of a roller coaster in the week of Oct 4-9.
