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Writer's picturejeremy cho

STI Matrix 16 Nov 2020

As the ST trend picks up into the Medium Term, the banks continue their uptrend in the ST/MT with some buying in the property counters. The REITS are experiencing profit taking as risk appetite picks up towards the year end..


22 counters on the STI component stocks are on a ST uptrend but watch for at least a MT bounce before buying on weakness and pullbacks.


Mapletree Com TR is back on the uptrend stock list together with ST Engineering. The uptrend stocklist are bullish on all Time Frames, the ideal technical picture to pursue higher highs in prices.


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