WHICH STI STOCKS ARE OVERSOLD NOW?
Dear readers, let us take a look at which of STI stocks are oversold now. Using the stocks "heatmap" above, we could see that the STI stocks right now are divided into three main groups: a) blue, b) green and c) orange.
Would you want to take a minute to guess which of the above group denotes stocks which have been oversold? Okay, without further ado, let me provide you with the answer. Those stocks in orange cells are for stocks with a neutral RSI, meaning to say they are neither overbought or oversold. Stocks in blue cells are for stocks which have been Overbought. This leaves the answer as to which of these STI stocks are oversold. Yes, that is right. Those stocks in green cells are Oversold STI stocks as of now.
What is noteworthy is that the banking stocks are now Oversold. But before one explores whether it is worth picking some of these stocks at a discount now, I must share with readers as what I have shared in recent posts, the Singapore stocks markets look poised to go even south now.
Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.
Would you want to take a minute to guess which of the above group denotes stocks which have been oversold? Okay, without further ado, let me provide you with the answer. Those stocks in orange cells are for stocks with a neutral RSI, meaning to say they are neither overbought or oversold. Stocks in blue cells are for stocks which have been Overbought. This leaves the answer as to which of these STI stocks are oversold. Yes, that is right. Those stocks in green cells are Oversold STI stocks as of now.
What is noteworthy is that the banking stocks are now Oversold. But before one explores whether it is worth picking some of these stocks at a discount now, I must share with readers as what I have shared in recent posts, the Singapore stocks markets look poised to go even south now.
Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.