NoticeBoard

Here's daily updates on SGX Warriors...

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It hasn’t been a smooth sailing period for us. Indeed, we suffered from the uncertainties and have yet to fully recover from the drawdown.

Life is not a bed of roses. Everyone has barriers and obstacles, and indeed, the journey of investment is full of hurdles. Nonetheless, we take setbacks in our stride…

“Real optimism is aware of problems but recognizes solutions,; knows about difficulties but believes they can be overcome; see the negatives, but accentuates the positives; is exposed to the worst but expects the best; has reason to complain, but chooses to smile.” - Quoted from William Arthur Ward

21st July 2009

By sgxwarriors

Morning Highlights

The market is still trending upwards. We see a good support at 2424.52. The next possible support is 2446.45.

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.

Bullish Stocks (Singapore)

	Symbol	Name	Entry	SL	TSL	TP	Remarks
1	KPLM	Keppel Corp Ltd	7.26	7.20		7.32	Triggered – CLOSED Half Profit Taken at 7.37 Rest of Profit at 7.35
2	SGXL	Singapore Exchange Ltd	7.77	7.69		7.85	Triggered – CLOSED at 7.76
3	DBSM	DBS Group Holdings Ltd
4	UOBH	United Overseas Bank Ltd
5	VENM	Venture Corp Ltd
6	STEL	SingaporeTelecommunications
7	STEG	Singapore Technologies Engineering

Stock Prices last updated at 14:56 (Singapore Time)

Afternoon Highlights

As of 15:00 (Singapore Time), the market has pull back quite fiercely, up to -17.46 points. It is approaching to today’s low of 2446.45. Refer to chart attached:

In Summary,

Overall market has come to a pause and correction is now due. We will have to after the correction is over to re-enter. 2424.52 serve as a good support from here onwards. Resistance at 2471.28 is to be watched for the time being. STI close at -1.82points.