Here is the Singapore quarterly growth rate

Here is the Singapore’s quarterly growth rate.

China Aviation is back on my watchlist again.

It finally did a retracement to a level of interest, so we can stalk for a fresh round of signals.

The STI is also back above 3100, probably aided by the news this morning.

Singapore GDP jumped a surprising 12.3% in the last quarter of last year, a strong rebound from the brink of technical recession.

You can read about it in this article.

 

STI

We reacted off the previous resistance and back above 3100 today.

Up trend still in tact.

STI back up above 3100

STI back up above 3100

 

GLP

Some bids have already come in early February, you can read about it in this article.

So we’re waiting on the decision by the board for the winner.

If you managed to hang on to your position all the way until now without taking profit, I suggest you do take some before the announcement.

GLP has received bids earlier this month.

GLP has received bids earlier this month.

 

Sembcorp Ind

Trend is still intact, be patient and follow system.

Let’s see if it can go beyond $3.30 for more profit.

Sembcorp Ind needs some patience, follow system.

Sembcorp Ind needs some patience, follow system.

 

OCBC

If you’re a die-hard fan and still in OCBC, follow system.

We are at a previous resistance area which may hold as support.

The trend is not broken yet.

OCBC follow system if you're still in.

OCBC follow system if you’re still in.

 

China Aviation

China Aviation has finally done a retracement back down to a previous resistance area!

This level should have some buyers coming in to support.

So we are now waiting for TGPS signal to trigger us into a trade.

China Aviation retracement finally seen!

China Aviation retracement finally seen!

 

Japfa

We’re finding some support around the previous high at $0.99

Might see a move down to test $0.96 if it doesn’t bounce up from here.

Nevertheless, be patient and follow system.

Japfa finding some support around $0.99

Japfa finding some support around $0.99

 

MM2

Slow ride, so be patient.

Previous high around $0.49-50, we should see some reaction there.

But it shouldn’t drop under $0.46

MM2 on support, follow system

MM2 on support, follow system

 

Hong Leong asia

Congratulations everyone on this trade.

First bearish candle out on tuesday, so if you had managed to hold until here, do take some profit off already around 1.30

Highest point was 50%!

Hong Leong Asia went to a high of 50%!

Hong Leong Asia went to a high of 50%!

 

Cogent

Cogent is reaching a resistance area.

Cogent approaching resistance

Cogent approaching resistance

 

Have a good weekend folks!