STI

Blue chips pause, stymieing STI’s upward momentum - THE EDGE SINGAPORE

Right Timing

Blue chips pause, stymieing STI’s upward momentum

STI consolidates as DBS loses upward momentum, with a resumption in the rally likely towards the end of the year
STI's bullish moves after US election to continue  - THE EDGE SINGAPORE

Right Timing

STI's bullish moves after US election to continue

Joe Biden's win in the US elections has provided the wind beneath the STI's wings, supporting a rally in the local market
Cyclicals recover, setting upside targets   - THE EDGE SINGAPORE

Right Timing

Cyclicals recover, setting upside targets

Cyclical blue chips Keppel Corp, City Developments and CapitaLand are in the process of, or have broken above base formations.
Travel-related stocks SATS, SIA break out of key levels, taking STI to 5-month high - THE EDGE SINGAPORE

Right Timing

Travel-related stocks SATS, SIA break out of key levels, taking STI to 5-month high

SIA and SATS have broken above key levels including resistances and the top of their base formations, indicating upside targets
Battered blue chips show signs of life as STI rallies - THE EDGE SINGAPORE

Right Timing

Battered blue chips show signs of life as STI rallies

Keppel Corp has broken out of a base formation setting an upside of $5. The STI has strengthened, but may not follow through.
Cyclicals drag STI towards March low - THE EDGE SINGAPORE

Right Timing

Cyclicals drag STI towards March low

STI continues to be weighed down by property stocks, banks and REITs, and could test its March low.
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.
Local market’s rebound hostage to fallout from US roller coaster - THE EDGE SINGAPORE

Right Timing

Local market’s rebound hostage to fallout from US roller coaster

The STI is attempting to rebound and could do so despite US market volatility

REITs

Short term bounce aside, STI's downdrift likely to persist

Despite a positive divergence SIA has yet to complete a base formation and breakout. The STI's next support is at 2,450.
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