WILMAR INTL Stock Code F34.SGX
Outlook
Price managed to stay above the base line which is acting as support at the moment. Conversion and base lines remain in a bullish crossover that hints at potential upside ahead. MACD remains bullish with both of the lines above the zero line. These could increase chances of the stock price moving higher.
Strategy
$3.70 Buy
$3.90 Price Target
$3.62 Risk Management Stop
3 weeks Trade Duration
THAIBEV Stock Code Y92.SGX
Outlook
Price broke and closed above the cloud, turning the chart outlook to bullish. Conversion and base lines remain in a bullish crossover. MACD is moving higher towards the zero line and a bullish MACD crossover is likely. These could increase chances of the stock price moving higher.
Strategy
$0.575 Buy
$0.615 Price Target
$0.545 Risk Management Stop
3 weeks Trade Duration
CIVMEC Stock Code P9D.SGX
Outlook
Price is currently supported by the cloud support. Conversion and base lines remain in a bullish crossover that hints at possible upside ahead. MACD is bullish and is rising. These could increase chances of the stock price rebounding from the cloud support to move higher.
Strategy
$0.810 Buy
$0.855 Price Target
$0.785 Risk Management Stop
3 weeks Trade Duration
KEPPEL CORP Stock Code BN4.SGX
Outlook
Price has been moving lower after forming a price top at S$7.31. It could be consolidating within a bear flag pattern, hinting at possible downside ahead. MACD is bullish but it seems weak at the moment. Price could move lower if it break below the flag pattern and the cloud support.
Strategy
$6.90 Sell
$6.39 Price Target
$7.13 Risk Management Stop
3 weeks Trade Duration
OCBC BANK Stock Code O39.SGX
Outlook
Price rebounded after being supported by the upper edge of the cloud support. There is a bullish conversion and base lines crossover that hints at potential upside ahead. MACD is still bullish and remains in a bullish crossover. These could increase chances of the stock price rebounding to move higher.
Strategy
$12.53 Buy
$13.25 Price Target
$12.25 Risk Management Stop
3 weeks Trade Duration
