We have picked two stocks from the Singapore Exchange for our report. We have buy call on SIA Engineering and sell call on Frasers Centrepoint Trust. The chart outlook of Frasers Centrepoint Trust is bearish as price is trading below the cloud. Price is consolidating within a bearish flag pattern, hinting at more downside ahead. MACD is bearish and is turning down. We are likely to see price breaking down the flag pattern to move lower.
See MoreWe have picked two stocks from the Singapore Exchange for our report. We have buy calls on Medtecs and Venture. Price of Medtecs is currently consolidating within a tight range of Bollinger band, hinting at high volatility ahead. MACD is rising towards its zero line after a bullish crossover. These could increase chances of the stock price penetrating its recent high to move higher.
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