Market Technician

The following is the purpose of education and do not constitute as any form of financial advisory. Singtel E: S$1.725 S: S$1.695 T: S$1.785 Remarks: Supported by 200Days SMA with Morning Doji Star  (bullish reversal) pattern. Stochastic (14) and MACD Histogram has also indicated bullish reversal of momentum.    

The following is the purpose of education and do not constitute as any form of financial advisory. Singtel E: S$4.33 S: S$4.26 T: S$4.46 Remarks: Short-term reversal with 50 DMA and previous resistance as support. To take note that MACD bearish crossover observed.

The following is the purpose of education and do not constitute as any form of financial advisory. ComfortDelgro E: S$3.01 S: S$2.94 T: S$3.18 Remarks: Resistance Breakout from range with strong volume. MACD bullish crossover.        

The following is the purpose of education and do not constitute as any form of financial advisory. Sheng Siong E: S$0.805 S: S$0.775 T: S$0.845 Remarks: Resistance Breakout, on uptrend.

The following is the purpose of education and do not constitute as any form of financial advisory. ST Engineering E: S$3.68 S: S$3.58 T: S$3.88 Remarks: Double Bottom Breakout and bullish MACD with no negative divergence on uptrend.

The following is the purpose of education and do not constitute as any form of financial advisory. Ezion E: S$0.71 S: S$0.655 T: S$0.795 Remarks: Double Bottom breakout with strong volume. Oil price rebound macro trend.

The following is the purpose of education and do not constitute as any form of financial advisory. Ezion E: S$1.065 S: S$1.025 T: S$1.165 Remarks: Rebound

The following is the purpose of education and do not constitute as any form of financial advisory. UMS E: S$0.55 S: S$0.51 T: S$0.68 Remarks: Symmetric Triangle breakout