Right Timing

Temporary retreat leaves upmove intact  - THE EDGE SINGAPORE

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.

Cyclicals recover, setting upside targets   - THE EDGE SINGAPORE

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.

Travel-related stocks SATS, SIA break out of key levels, taking STI to 5-month high - THE EDGE SINGAPORE

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.

Battered blue chips show signs of life as STI rallies - THE EDGE SINGAPORE

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.

Cyclicals drag STI towards March low - THE EDGE SINGAPORE

Right Timing

Cyclicals drag STI towards March low

The Straits Times Index had an awful week, falling 114 points to end at 2,423.

Keppel Corp appears to bottom as CDL pummels at oversold lows - THE EDGE SINGAPORE

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.

Uptick in STI may wane as focus turns to Hong Kong; US uncertainty grows - THE EDGE SINGAPORE

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.

Has Keppel Corp bottomed? - THE EDGE SINGAPORE

Right Timing

Has Keppel Corp bottomed?

Technically, Keppel Corp is in a base formation with an increasing likelihood of an upside break.

Local market’s rebound hostage to fallout from US roller coaster - THE EDGE SINGAPORE

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.

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