SINGAPORE STOCKS: WHAT INVESTORS NEED TO KNOW NOW?

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STRAITS TIMES STOCKS
Dear readers, Singapore Stocks as tracked by the Straits Times Index (“STI”) have been trending higher in recent sessions. So much so that right now, based on technical chart, many of the STI constituent stocks are Overbought. And the STI ETF, which tracks the STI in turn is now heading into the Overbought region.
The STI ETF is now at a former resistance level of $3.28 and it will need to break above this resistance level for a convincing push toward higher prices. However, I believe there will be some consolidation of Singapore stocks at the current levels for now. STABLE STI CORE, MULTI-BAGGED BY SELECTIVE INTERNATIONAL PICKS! 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.

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