Potential Technical Rebound For Singapore Stocks - 3sept

Singapore stock market quick bytes 3rd sept

It’s been awhile since i last saw a potential group breakout signals for SGX……and i see them coming today after the singapore share market closed on 2nd september. Some of the singapore stocks that i like include :

based on MACD technical indicator signal

sino-environment - breakout trigger at 1.18

ferrochina - breakout trigger at 0.92

chinaxlx - breakou trigger at 0.555

i would look to long when prices go 1 bid above the breakout trigger and set cut loss at 2 bids below the breakout trigger

the good news is that apart from this 3 stocks showing potential, many other stocks also showing rebound signals which i would consider as “group” breakout potential signals…..enough to get me excited

happy hunting

cheers

rooney

sino-enviroment