14 Jun
02:00 PM

Outlook

We have picked two stocks from the New York Stock Exchange for our report. We have buy calls on Walmart and Snap Inc. Price of Snap Inc, broke above the cloud and during a short correction was able to hold above the lower edge of the cloud, keeping the uptrend intact. Price has broken above the recent high and a V-shaped Ichimoku structure, hinting of a breakout to $68.80. MACD is bullish and rising and is hinting of a bullish price trend ahead.

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10 Jun
02:00 PM

Outlook

We have picked two stocks from the Singapore Exchange for our report. We have buy call on Hong Leong Asia and Sheng Siong. Price of Sheng Siong has been on a decline after reaching a high of $1.68. However, during the correction price has managed to stay above the cloud, keeping the uptrend intact. MACD remains bullish and hinting of a bullish price trend. We think it is likely to test the high of $1.68 again in the next 2-3 weeks.

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