We have picked two stocks from the Singapore Exchange for our report. We have sell call on DFIRG USD and buy call on FRASERS CPT TR. Price of DFIRG USD is trading below the cloud, keeping the downtrend intact. Both conversion and base lines are falling, hinting at more downside ahead. It broke out below the pennant pattern, suggesting the increased downward momentum. 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 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.
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