50-day moving average

Mixed signals with lower liners attracting attention and blue chips consolidating  - THE EDGE SINGAPORE

Right Timing

Mixed signals with lower liners attracting attention and blue chips consolidating

Stocks are mixed with penny stocks gaining strength at the expense of blue chips
STI hangs on at support, developers and REITs under pressure - THE EDGE SINGAPORE

REITs

STI hangs on at support, developers and REITs under pressure

The STI is barely hanging on to support at its 50-day moving average, currently at 2,901, as developers and REITs weaken
STI’s support may not hold, rotational interest out of index stocks could materialise - THE EDGE SINGAPORE

Right Timing

STI’s support may not hold, rotational interest out of index stocks could materialise

The STI eased week-on-week, and may break below its 50-day moving average. The dark horse could be SPH which has strengthened
Safer to err on the side of caution as STI’s support appears precarious - THE EDGE SINGAPORE

Right Timing

Safer to err on the side of caution as STI's support appears precarious

With the STI testing a weak support, traders should stay cautious as volatility sets in overseas.
Keppel Corp appears to bottom as CDL pummels at oversold lows - THE EDGE SINGAPORE

Right Timing

Keppel Corp appears to bottom as CDL pummels at oversold lows

Keppel Corp shows signs of bottoming with potential to breakout while CDL gets increasingly oversold on selling pressure.
Uptick in STI may wane as focus turns to Hong Kong; US uncertainty grows - THE EDGE SINGAPORE

Right Timing

Uptick in STI may wane as focus turns to Hong Kong; US uncertainty grows

Interest could shift to Hong Kong in the week of Oct 19-23 leaving the local market in the doldrums
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