I am sure many websites or blogs or FB groups are quiet that Straits Times Index is holding up very well despite we have SSE pulling back 5%(on Tues). US markets pull back about 1% (on Monday).

Those who are in the bear camp on STI are wrong again. STI is not going down without a fight.

I have posted in my weekly review that I will be looking at STI component stocks as some of the blue chips are looking attractive for short term trade.

Sembcorp Ind was one of the stock that I liked. It was oversold. The low was $4.12

On Monday, I enter Sembcorp Industries at $4.2, not a very good entry price but still acceptable.

I did not blog about my trade as I have appointment in the afternoon, attending Temasek Holding function, as I will be away from my screen for the rest of the day.

I will review again once I have close this trade.

Best wishes,

Divergence Trader

PS. I manged to catch Temasek Holding CEO, Ho Ching, for a photo. Enjoy!

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