Singapore Stock Watch 12 Jan 2017

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12/1/17

ISDN

  • Having been trading horizontally for about one and a half years, ISDN has seen some volume pickup and has reached its 2 year high of $0.275 yesterday.
  • A tight consolidation pattern to be seen before a big volume breakout above $0.275 should see a start of a mid term uptrend.
  • Entry @ $0.28 with Stop @ $0.25

QAF

  • Stock has been on a steady uptrend since the start of 2016
  • Recently broke out of a flat base and consolidating nicely with low volume
  • Entry on a new high breakout @ $1.43 with Stop @ $1.37
  • Need to be more mindful of market depth as stock is not that liquid (For small volume trades only)

Sing Myanmar

  • Saw a pickup in volume at the end of 2016 which is always a good sign of trading interest
  • After recent correction with low volume, a strong up volume day should indicate a resumption of uptrend (>8m)
  • Entry @ $0.645 with Stop @ $0.585