ST Index +8pt at 3445 (3pm)
General Market Mood in TOP ACTIVES are weak (70% in red rating color)
Stocks in Bearish Moods/Trends (that are Oversold)
1. Ezion
2. SingTel
3. StarHub
Stocks entering Bearish Moods/Trend (fell below its Supports today)
4.Jiutian (remain weak if below Support $0.048)
5. AEM (remain weak if below Support $1.30)
Further Closes below its supports may open door to more bearish moods or weaker prices
(if more selling pressures prevailed).
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| LEGEND ... Read More > |
Short Term Outlook of Stocks trapped in Bearish Moods/Trend
Stocks trapped in Bearish Moods/Trend tend to remain Weak or Range-Bound (if not driven by +ve Fresh News)
... those that are heavily Oversold may occasionally attempt Sudden Bear Rebound
... after Rebound, they may go Sideways or Range-Bound into Consolidation Mode
... the weaker stocks may resume its bearish trends, where Low get Lower till its Bear Trend ended
... Fresh Positive News are needed to fuel a Stronger Rebound or maybe a Trend Change
