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breakout
Right Timing
Market could take breather after STI moves above key resistance
The STI may pause short-term following its 101 point rise in 3 sessions, but eventual upside is 3,600.
January 27, 2023
Right Timing
Straits Times Index approaches five times tested resistance again as US risk-free rates fall
The STI's breakout level remains at 3,306. US risk-free rates have fallen below the 100-day moving average
January 13, 2023
Right Timing
STI may attempt breakout to test new 2022 high
The STI tested a resistance and eased. It may attempt to break above 3,442, setting a new upside.
April 01, 2022
Right Timing
Possible flash in the pan for Heeton as STI stays resilient
Heeton Holdings' price surge could indicate a value trap despite its undervaluation based on a price/NAV of 0.33x.
August 06, 2021
Right Timing
SPH attempts to break out of resistance
SPH may have broken out of resistance as the STI attempts to hold above the confluence of its moving averages
July 23, 2021
Right Timing
SembMarine gatecrashes the property stocks party with a breakout
Sembcorp Marine broke out above a resistance on Apr 1, joining the property stocks in their mini bull run.
April 01, 2021
Right Timing
Selected property stocks strengthen, small cap developers could follow as indicators turn
Property stocks have strengthened, led by UIC initially, then UOL and now Ho Bee Land. Small cap developers could follow.
March 26, 2021
Right Timing
STI to maintain gradual ascent, UIC’s indicators strengthen
UIC appears ready to strengthen and to break above $2.45. The STI should remain resilient, as annual momentum continues to rise
March 12, 2021
Right Timing
Selected index stocks strengthen keeping STI resilient; SPH still in play
CapitaLand strengthens while SPH's upmove is likely to continue towards $1.60. The STI is likely to stay resilient.
March 05, 2021
Right Timing
STI’s support may not hold, rotational interest out of index stocks could materialise
The STI eased week-on-week, and may break below its 50-day moving average. The dark horse could be SPH which has strengthened
February 05, 2021