Morning Highlights:

Today’s market is still directionless. For traders who do not wish to dance with the market, you may consider to rest for the day too, and enjoy an early weekend.

 

For others who prefer to stay in the challenge, here’s our insight:

 

Our Focus for today is on Individual Stocks

Bullish Stocks (Singapore):

 

Symbol

Name

Entry

SL

TSL

TP

Remarks

1

ROTE

Rotary Engineering Ltd

0.715

0.65

 

0.78

Broke 0.71, ready for entry. Enter with small risk

2

SIAT

Singapore Airport Terminal Services Ltd

 

 

 

 

Still waiting for setup

3

MIDA

Midas Holdings Ltd

0.80

0.775

 

0.825

Broke 0.76, trading at 0.795 now. Enter with small risk

Afternoon Highlights:

The STI continued to be choppy in the afternoon session. Refer to the snapshot as attached below for a clearer view. 

 

  STI 15Min Timeframe at 14:50 (Singapore Time)

STI 15Min Timeframe at 14:50 (Singapore Time)

The Market makes a high of 2330.22 at 10:30 and dropped back. STI breaks the high again at 15:30 but fails to hold.

To look out for the low created on 23/06/09 at 2211.81

  STI 15Min TimeFrame at 17:00

STI 15Min TimeFrame at 17:00