As mentioned, our local benchmark STI show its resilience. It gap up at opening and continue its positive momentum to close at 3143.25, near its day high of 3146.77.
No change in views. Current support level stands at 3120. followed followed by 3094 - 3102 (gap up) ; Current resistance 3155 -3160, followed by 3164 - 3174 (gap down).
By now, i think i have been a nagger. As mentioned, Follow the companies with corporate news flowing OR buy at support, sell into strength.
In the Big Cap Category. Besides the usual suspects (Charisma, Hankore and SIIC Environment), Both Pacific Andes and China Fishery have stolen the limelight. United Envirotech and Memstar Technology continued to piggy back each other.
SG Big Cap 15 Jan 2014
In the Small Cap Category. JES International, Sunvic Chemical and Memstar Technology continued to attract its flow. By now, I reckon that ......