Dear readers, in my previous post, I blogged about nine billion-cap Singapore stocks which are trading near their 52-weeks lows. In this post, let me provide investors with a technical analysis perspective.
1) Delfi Limited: the technicals of this stock show that this stock is not liquid
2) Raffles Medical Group Ltd: seems to show some sign of rebound with an intra-day low of $1.26
3) Sinarmas Land Limited: consolidating at $0.43 price mark
4) Singapore Press Holdings Limited: this stock has been on this filter screen for quite some time, I feel we must wait for General Ng, the incoming CEO to lay out his plans for NOL
5) StarHub Ltd: stock is consolidating, I don’t like its debt level
6) SIIC Environment Holdings Ltd: seems to show some sign of rebound
7) ComfortDelGro Corporation Limited: seems to be bottoming
8) GuocoLand Limited: seems to trend down ......