Dear Traders, 

Looking at the current market uncertainties, we have decided to rest for the day.

Taking a break is to restore your energy for a longer journey. So, relax, have fun today and we’ll observe the market tomorrow again.

  STI 15Min TimeFrame

STI 15Min TimeFrame

Just a side-note, we are looking at Indo Agri for a short opportunity. Do expect a choppy session. Should we have any potential setup, we will update the blog in real time so that you can join us in action. 

 

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Before we pen off, here’s our update on Hong Kong Market.

Our Focus is on Hong Kong Stocks

Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume.

Bearish Stocks:

 

Symbol

Name

Entry

SL

TSL

TP

Remarks

1

NWS

NWS Holdings Ltd

13.62

14.72

 

12.52

 

2

Ch Coal

China Coal Energy

8.13

8.79

 

7.47

 

3

HarbinPwr

Harbin Power Equipment Co Ltd

6.68

7.22

 

6.14

 

4

Beiji Airp

Beijing Capital Intl Airport Co

4.65

5.03

 

4.27

 

5

ND Paper

Nine Dragons Paper Holdings Ltd

4.53

4.90

 

4.16

 

6

ShangEle

Shanghai Elec Group Co

3.07

3.32

 

2.77

 

Bullish Stocks (Singapore):

 

Symbol

Name

Remarks

1

ROTE

Rotary Engineering Ltd

Waiting for setup

2

SIAT

Singapore Airport Terminal Services Ltd

Waiting for setup

Quote for the day

Asian stock markets shrug off mixed lead from U.S. to post some solid gains, with technology and financial issues moving higher.

Best Regards! :)