It has been a wild Quarter 1.All markets have fallen a lot.
The virus has caused lots of losses in the value of the stocks.
While the market is falling, there are some bounces allow the way. It is like a ball dropped from a height and there are multiple bounces as it finds its steady state.
The interactive chart can be found here
All the stocks discussed in the blog has fallen more than 20%.
The main question is where is the bottom.
Do you cost average? and When?
Let's look at Keppel.
Keppel has been deemed to be more promising than SembCorp and SembMarine.
At one point, it has fallen as low as 4.82 during intraday trade.
SembMarine has fallen a lot. It is hard to predict if it will survive given the nature of business is challenging.
Beware of the bounce. ...
The virus has caused lots of losses in the value of the stocks.
While the market is falling, there are some bounces allow the way. It is like a ball dropped from a height and there are multiple bounces as it finds its steady state.
 |
| STI Stock Chart |
The interactive chart can be found here
All the stocks discussed in the blog has fallen more than 20%.
The main question is where is the bottom.
Do you cost average? and When?
Let's look at Keppel.
Keppel has been deemed to be more promising than SembCorp and SembMarine.
 |
| Keppel Chart |
It appears that buying interest is high around that mark.
For SembCorp, the lows is at 1.5. It is like a support level.
 |
| SembCorp Chart |
 |
| SembMarine Chart |
Beware of the bounce. ...
The pain will not go away as many leaders have mentioned about the potential long battle against the virus.
Please see my disclaimer in my blog.....
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