base formation

Straits Times Index likely to move progressively higher  - THE EDGE SINGAPORE

Right Timing

Straits Times Index likely to move progressively higher

STI has potential to move higher, but only gradually
Has Keppel Corp bottomed? - THE EDGE SINGAPORE

Right Timing

Has Keppel Corp bottomed?

Keppel Corp is forming a base formation with an increasing possibility of an upside breakout.

Right Timing

Weakness ahead as short-term indicators fall

SINGAPORE (May 22): During the week, the Straits Times Index, which closed at 2,499 on May 22, fell below it’s declining 50-day moving average at 2,532. According to the general theory of moving averages, such a move is a bearish sign. Hence, the market
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