Thursday, September 1, 2016

A look at singapore stocks and the STI

Let's start with a look at the STI.

With Yellen signalling a rate hike in december and the US presidential election, BREXIT etc. the World is just so filled with news and anxiety everyday. Well, Life goes on and we can only look out for changes in the market and take note of the companies that we are interested in.


The STI has been in a range since march and is now at the mid-range of the march-september range of 2.78-3.00. Still looking for direction, maybe from today's US NFP.


 
Diary farm now trading at the top of the channel, I think any dip to $6.3 will be of interest. My entry is around there also since I first blogged about this.
 
 
 
 
Great Eastern. I will only look at it when it reaches $16. As an insurer, I think we can look at them when the price is right, just because Asians are naturally fearful of the unknown and will probably continue to over insure themselves.
 

 
QAF, another stock I am vested in. price is still in a uptrend range. I am long $1.05+? price target is $1.35 top of the range, and support probably at 1.09 the next time it reaches channel support.
 

 
Another stock I am interested in is Super group, price has been in consolidation for a year and now is touching the TL resistance.
 

Singapura Finance, is another stock I just got vested in at $0.87. This is a growth play.

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