As we are seeing the STI trading in the support zone between 2,745 & 2,800 now. We are seeing more and more stocks are trading very near to the support level as well. Plus, there are some seem to have a break down happening.
I had 3 stock market picks yesterday, but only Yanlord appear to have a breakdown. Let’s look for a confirmation tomorrow.
There are some interesting stock market picks in the property sector today.
Today, I am seeing property sectors to lead the landslide. So coincident that they are father and son counters coming from Capita family. They are Capitaland, CapitaComm and CapitaMall.
I am seeing them all breaking down on the support and they are offering a pretty good reward/risk as well. You can actually follow my previous 5 step stock market picks analysis to compute the stop loss, profit target and reward/risk ratio.
It seems that the market is getting more exciting now. However, we must also exercise caution anytime in this volatile market.
Stock Market Picks - Capitaland
Stock Market Picks - CapitaComm
Stock Market Picks - CapitaMall
DISCLAIMER: This information is used for learning purposes only. It does not constitute an offer or solicitation to buy or sell. You should do your own analysis on top of my postings.
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