We have picked two stocks from the Singapore Exchange for our report. We have sell call on DFIRG USD and buy call on SIA. The chart outlook is bullish as price is trading above the cloud. Conversion and base lines remain in a bullish crossover that hints at potential upside ahead. MACD is bullish with both of its lines above the zero line. These could increase chances of the stock price moving higher.
See MoreWe have picked two stocks from the Singapore Exchange for our report. We have sell calls on HONGKONGLAND USD and DFIRG USD. Price of HONGKONGLAND USD has formed a double top chart pattern after creating a price high at S$3.55. It violated the neckline and was capped by the falling 20EMA resistance point. MACD has turned bearish. We are likely to see price continuing to move lower.
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