We have picked two stocks from the Singapore Exchange for our report. We have sell call on Jardine C&C and buy call on Seatrium. Price of Jardine C&C was capped by the thick cloud resistance, which is also the previous price high resistance zone. The Lagging Span is above the price of 26-days ago but is still below the cloud. A bearish MACD crossover could be likely in the coming session. 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 Citydev and buy call on YZJ. Price of Citydev is trading below the cloud, keeping the downtrend intact. There is a bearish conversion and base lines crossover that hints at potential downside ahead. MACD remains bearish and there is a bearish crossover. These could increase chances of the stock price moving lower.
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