We have picked two stocks from the Singapore Exchange for our report. We have sell call on Singtel and buy call on SATS. Price of Singtel could have formed a price top at S$3.36. The RSI is falling from the overbought region, hinting at potential downside ahead. These could increase chances of the stock price moving lower.
See MoreWe have picked two stocks from the Singapore Exchange for our report. We have sell call on SGX and buy call on ST Engineering. Price of SGX could have formed a price top at S$13.09. It formed lower highs and lower lows, which is a sign of the start of a bearish price trend. There is a bearish conversion and base lines crossover. MACD is bearish. These could increase chances of the stock price moving lower.
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