Singapore Stock Watch 17 Jan 2017

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17/1/17

Jumbo

  • After breakout above key resistance of $0.72 4 days back, stock has consolidated above this level with low volume
  • A continuation breakout above its new high of $0.75 will signal continuation of uptrend
  • Entry @ $0.755 with Stop @ $0.695

SingMyanmar

  • Stock had an up day with high volume today.
  • A breakout above its all time high of $0.68 with good volume supporting the move will give a high probability of further upside
  • Entry @ $0.685 with Stop @ $0.62