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Capitamall broke out of ascending triangle yesterday and stayed up above resistance of 1.89 for a 2nd second day. More upside likely but need to be cautious given that Dow, Nasdaq and S&P500 is currently down by more than 1% (at point of post) due to fear of what's happening in Greece.


A couple of counters to watch for potential swing trade are GMG and Chemoil. GMG is now on the 20MA. Trigger at 0.225 and stop at 0.200.


Trigger for Chemoil at 0.41 and stop at 0.39.

SembMar (posted last Fri) still in nice uptrend but currently hitting resistance at 4.50. For short-term swing traders, can lock in some profit. Longer term resistance is at 4.73.


SGX is also nearing its short term resistance of 8.50. Longer term likely to test 8.72 again.

Below is the watch list for possible swing trades on Mon 26 Apr.

SembMar was actually triggered for Long entry on Fri but pulled back near end of day. Potential upside is still in play, so keep watch.


Chemoil has pulled back to near its 10 MA after hitting the 200 MA resistance last week. Will also watch this as it may test the 200 MA again if it goes above Friday's high.

Based on yesterday's post, SGX and China Fish were triggered for long entry today. So congrats to those who bought. SGX is now back above the 200 MA and the downtrend line. And with the bullish engulfing candlestick today, possibly some more upside in store.


China Fish is now back above the 20 MA and looks like moving up further.


Below is the list of potential swing trades to watch for tomorrow.


Another counter to watch for is Capitamall which is testing the 1.89 resistance again. If it breaks above, then it could head towards 2.19.

STI uptrend is currently still intact since it is still above the 20 & 50 MA and also above the uptrend line.


A couple of potential swing trades are SGX and China Fish. For SGX, it has now dipped back below the downtrend line and just below the 200 MA. If it manages to move and stay above the 200 MA and bounce back up above the downtrend line, then can consider a long entry.



China Fish is at point of indecision at the 20 MA region. If bounce back up above today's high, then can enter long.

From yesterday's list, a few counters such as Jaya, Osim, Midas and Raffles Medical were triggered for Long entries today.

Below is the swing scan list for today:


Another counter to watch for is FinaOne which has now retraced back after breaking earlier resistance of 0.525 last week. If this resistance turns into support, it could head higher.

After today's pullback of most counters, opportunities now arise for potential swing trades - especially those that are still in uptrend. Swing scan showed the following list of counters.


Below is another list to keep watch for possible swing trades as well.


Another counter to watch for swing trade is Raffles Medical, especially with the rejection presented by the long tail doji.Trigger for this would be 1.69.