SGX Singapore Stocks & Forex Live Picks
Straits Times Index - Market Forecast for 07-Nov
Your Advisor
Publish date: Tue, 06 Nov 2012, 08:40 PM
Your Advisor
0 10,452
Blog for SGX Singapore Stock & Forex Recommendations gives you Live Stock Picks, we provide all SGX Stock Picks, Singapore Share Prices, Forex Trading Recommendation along with STI Quotes. Get Live SGX Singapore Picks.
Last week STI made its 7 week lower level but today it took support near to its 3020 levels @ 3019.33 levels and closed at day low.
On the daily graph STI looking weak day by day as closed below its 50 day MA level also today STI breached its 3020 support level and closed below this.
STI formed a candlestick pattern called The Black Marubozu it is a single candlestick pattern characterized by a long black body. It does not have any shadows on either end. It is an extremely strong bearish candlestick pattern.
STI is in consolidation phrase. Any either side movement above 3100 and below 3000 can decide the coming movement of the STI.
STI Support Level
'' STI having nearest support @ 3010 level and below this level it can take support @ 2995-2975 will be the support zone for STI.
STI Resistance Level
STI having Resistance @3030 and above this level it may take resistance @ 3050-3065 levels.
Technical indicators
Technical indicators are look to loosing strength on charts.
More articles on SGX Singapore Stocks & Forex Live Picks
There's No Recession, but a Market Correction Could Cause One
Created by Your Advisor | May 10, 2017
TECH TARGETS: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB
Created by Your Advisor | Mar 23, 2017
M Asia Trade Tech Targets: EUR/USD, AUD/USD, NZD/USD, USD/JPY - UOB
Created by Your Advisor | Mar 22, 2017
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
THE SINGAPOREAN INVESTOR
Investing in Singapore's Hospitality Scene: A Look at the 5 Listed REITs
2
RHB Investment Research Reports
Food Empire - Expanding Ingredients Capability in Vietnam; BUY
3
Collin Seow Remisier Blog
4
RHB Investment Research Reports
ST Engineering - Rolling Forward Our Valuation; Reiterate BUY
5
CEO Morning Brief
Singapore Home Sales Set for Worst Year Since Financial Crisis
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
