Did a Screen on Singapore market after yesterday STI drop 51point, these list of stocks are the survivors which deny the fall. Many people is asking, WHY STI DROP SO MUCH? Usually drop more that 1% a day is more of panic selling, most people sell on fear, fear that bad news will cause the market to fall. E.g Interest rate hike. For us, we understand that we cannot predict news and news is not always accurate, and the main reason price drop is people are selling, and STI fall so much, must be institutional selling on bluechip
Strong uptrend stocks are stocks that did not fall, meaning institution are not selling these stock(yet). Why not? They are hopeful that the stock will move higher?
