Ok so I posted 2 charts on SMRT and SATs cutting below their 200 day moving average and 1 chart on SIA doing the same thing.
Now I encounter another one in ST Engineering. These are some very significant profit taking signals. What is going on?
Is it we may have extended as far as we can go and are following the China market down? Many blue chips are slowly turning or is this just a rotation?
I run a free Singapore Dividend Stock Tracker available for everyone’s perusal. It contains Singapore’s top dividend stocks both blue chip and high yield stock that are great for high yield investing. Do follow my Dividend Stock Tracker which is updated nightly here.
- Dealing With Short-Term Underperformance is Tough. Reflecting on Nikko Shenton Global Opportunities Merger. - March 3, 2024
- Singapore Savings Bonds SSB April 2024 Yield Climbs to 3.04% (SBAPR24 GX24040Z) - March 1, 2024
- How to Select a Smartphone with A Decently Long Battery Life (That is not an Apple or Samsung Flagship Phone). - February 28, 2024