General Market Mood of ST Index stocks are weak ( >50% in RED Rating color)
STI fell -36 pt to 3357 (with 3338 as next immediate Support)
Stocks to Watch
Some of the stocks below may move (Short Term 1-5 days), being trapped in Bearish Moods/Trends (that are Oversold)
1. SembCorp
2. StarHub
3. UOL Group
4. Kep Corp
5. SingTel
6. UOB
Yangzijiang was oversold to 90c Low on 30th May
.... currently trying to consolidate after its recent Rebound to $1.05 High
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| LEGEND ... Read more > |
Outlook of Stocks 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
... ABOVE Outlook is only Short Term (1-5 days)
LEGEND & DISCLAIMER:
All information published here are not verified or may be inaccurate, which is for general reading & information only. Hence the ALL the information here can be unreliable, riskly & not suitable for your trading or investment. You do so at your own RISK.
... 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
... ABOVE Outlook is only Short Term (1-5 days)
All information published here are not verified or may be inaccurate, which is for general reading & information only. Hence the ALL the information here can be unreliable, riskly & not suitable for your trading or investment. You do so at your own RISK.
