Dear readers, the focus of the Singapore stocks markets in the previous week has been centred on selective stocks, in particular, Creative Technology stock as its stock price swinged from one high to one low and higher again. This stock has been a market darling, a multi-bagger but do tread with care since its really quite volatile.
Of the STI constituent stocks, these are the current STI stocks trading at a RSI below 30 which makes them Oversold:
1) Genting Singapore
2) Jardine C&C (RSI at exactly 30)
4) Starhub (RSI at exactly 30)
While Oversold stocks do not necessarily mean that they will rebound soon price-wise and also there are …