Singapore Stock Market News
Asia Technicals Strategy - Charting The Course
StockFanatic
Publish date: Wed, 07 May 2014, 04:24 PM
StockFanatic
0 10,452
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
 |
| MXAPJ Weekly Chart (Figure 3) |
MXAPJ's inability to get past the strong 485-492 resistance zone and underperformance in the last 3-weeks is challenging a bullish absolute and relative view. Despite this weakness/ under-performance, momentum remains supportive and we would retain long/ outperformance positions with stops at 460 (current 475) and 27.4 (on relative index, vs. 28.2 currently).
Ultimately a stronger upside will remain hostage to a clear breakout above the 485-493 resistance levels.
In the meantime, keep the faith and use rotational opportunities -
Top Outperform - India, Singapore, (Countries) and Energy (sectors).
Top Underperform - China, HK (Countries) and Cons. Disc. (Sectors).
Read more » More articles on Singapore Stock Market News
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!
Latest Videos
Apps
Top Articles
1
CEO Morning Brief
Singapore Swap Rates Set to Narrow Gap With US as MAS Shift Seen
2
CEO Morning Brief
3
RHB Investment Research Reports
4
Collin Seow Remisier Blog
5
RHB Investment Research Reports
ST Engineering - Rolling Forward Our Valuation; Reiterate BUY
#
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....
