On Monday, NOL broken the support at $1.05 and closed at $1.045 with regular volume of 10.53 million shares traded. Three black candles occurred in the last three days.  Although these candles were not big enough to create three black crows, the steady downward pattern is bearish. RSI & MACD are bearish though RSI in [...]

On Friday, Sembmar re-test the support at $4.53 and closed at $4.53 with HIGH volume of 12.64 million shares traded. During the past 10 bars, there have been 2 white candles and 6 black candles for a net of 4 black candles.  During the past 50 bars, there have been 21 white candles and 23 [...]

On Friday, Biosensors re-test the support at $1.20 and closed at $1.20 with HIGH volume of 11.34 million shares traded. During the past 10 bars, there have been 3 white candles and 6 black candles for a net of 3 black candles.  During the past 50 bars, there have been 19 white candles and 24 [...]

On 10/May, Singapore shares ended flat after disappointing China trade data. STI ended flat at 2903.60 (0.09%) with regular VOL of 2.00 billion shares traded compared with 1.71 billion shares Wednesday. In the broader market, losers outnumbered gainers 253 to 146. Today STI continue to undergo profit taking as investors move their money back into [...]

On 09/May, Singapore shares ended lower on fresh worries of Europe’s monetary union following failed coalition talks in Greece. STI ended lower at 2900.91 (1.1%) with LOW VOL of 1.70 billion shares traded compared with 1.97 billion shares Tuesday. In the broader market, losers outnumbered gainers 255 to 132. Today STI undergo profit taking as [...]

On 07/May, Singapore shares ended lower as investors fled to safety following European election results and renewed fears over the global economy STI ended lower at 2924.95 (2.2%) with HIGH VOL of 2.44 billion shares traded compared with 2.47 billion shares Friday. In the broader market, losers outnumbered gainers 370 to 61. Today STI undergo [...]

Reits / Biz Trusts ARA Asset Management 08 May Macquarie International Infrastructure 09 May Perennial China Retail Trust 09 May Fortune Reit 10 May Property / Hotel City Dev 10 May Pan Pacific Hotels / UOL 11 May Banking / Finance UOB 09 May OCBC 11 May Conglomerates ST Engineering 09 May Sembcorp Industries 11 [...]

On 04/May, Singapore shares ended lower as sentiment remained cautious ahead of the U.S. nonfarm payrolls report. STI ended lower at 2990.59 (0.3%) with HIGH VOL of 2.47 billion shares traded compared with 2.99 billion shares Thursday. In the broader market, losers outnumbered gainers 238 to 132. Today STI continue to undergo profit taking ahead [...]