SINGAPORE STOCK MARKET NEWS

I mentioned about a potential rebound on 18july morning based on the observation that many stocks have rapidly moved into oversold position, the first potential signal of a technical rebound. The slight rebound which started the same day was not broad base and volume was light. But on 19th july, the rebound continued with better volume reflecting that the rebound is gathering pace. However, some stocks still closed near day low. But this is quite common after a sell down as bulls and bears continue to fight it out. With a strong overnight rebound in US, the upward today should be more evident and broad base. Enjoy the upmove while it last. Happy trading.

results coming soon and chart looking positive :
jadason
aztech
cosco