Analyst Reports 8 – STI Breakout
In my last post, I mentioned that there was something fishy with STI. It is confirmed yesterday after the national holiday that STI broke out of its triangle pattern on the upside. It is further affirmed today with the big upside as well. STI is the first to breakout of its pattern. HSI seems to still linger within its triangle, flirting with the top line.
With such huge gains, Asian bourses might pull back a little tmr. But we would not know that for sure. Markets have dropped 5 days in a row so what is 3 days on the upside?
Anyways, let’s see how STI fights the 1870 resistance area and in possibly in Jan, with the intermediate downtrend line.
Here are some recent analyst reports for your reading.
- 101208-DMGMorningInsight.pdf
- CW Dec 08(Client).pdf
- Chartered Semicond 08 Dec 08 Nomura.pdf
- Conglomerates Sector 10 Dec 08 OCBC.pdf
- Noble Group 08 Dec 08 Nomura.pdf
- SPC081208-retail.pdf
- SPH 08 Dec 08 CS.pdf
- Singapore Investment Daily Tuesday, 9 December 2008 yield, fund flow, asia macro, strategy roadshow.pdf
- YanlordLand-04 Dec 08 CIMB.pdf
- dbank.pdf
- jpm.pdf
- jpm091208.pdf
- oceanus_daiwa.pdf
- semicon_ml.pdf
