We have picked two stocks from the Singapore Exchange for our report. We have buy calls on Seatrium and Medtecs. The chart outlook of Medtecs remains bullish as price is trading above the cloud. Conversion and base lines remain in a bullish crossover. 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 buy call on SIA and sell call on Frasers Centrepoint Trust. Price of Frasers Centrepoint Trust has formed a price high at S$2.42. It formed a lower high after being capped by its middle Bollinger band, aka the 20MA. MACD has turned bearish and is falling. We could see price forming a lower low and continuing to move lower.
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