We have picked two stocks from the Singapore Exchange for our report. We have buy calls on OCBC and Seatrium. Price of OCBC Bank is trading above the cloud, keeping the uptrend intact. It managed to stay above the gap support that was created on 23 April. MACD remains bullish. We could see price rebounding to move higher.
See MoreWe have picked two stocks from the Singapore Exchange for our report. We have sell call on SGX and buy call on YZJ. Price appears to lose its upward momentum as it is unable to reach its previous price high resistance zone. A bearish engulfing candlestick was formed yesterday. The RSI is falling towards its neutral level. These could increase chances of the stock price moving lower.
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