Frencken Stock Forum

STI Hits Record High, Boosted by the Big Three Bank Stocks
As we approach 2025, it's the perfect moment to look back at how the Singapore stock market performed in 2024. The year was a strong one for Singapore's equities, with the Straits Times Index (STI) $FTSE Singapore Straits Time Index (.STI.SG)$ surging by 16.9% up to December 31, 2024, hitting its highest level since 2007.
The STI, being a market-capitalization-weight...

$Frencken (E28.SG)$
RSI is turning up with stock trading above 5 EMA, 10 EMA and 20 EMA but below 60 EMA and 120 EMA. The stock is turning bullish and on the uptrend.

$Frencken (E28.SG)$
The resistance is 1.15. Once it breaks the resistance, next hit point will be 1.17.

$Frencken (E28.SG)$
AEM is leading the semi con stocks to rise. Frencken is still a laggard stock with strong earnings with P/E less than 15. Compare to peers in the USA with high P/E, Frencken share price is still way behind them. The stock is worth at least 1.25. This is my view.

$AEM SGD (AWX.SG)$ $Frencken (E28.SG)$ $UMS (558.SG)$
Semi con stocks are staging a rebound, folowing cue from US semi con stocks. Hopefully there will be a year end rally for the stocks

$Frencken (E28.SG)$
Chart looks good with RSI turning up and U shaped recovery. The stock is moving towards the mid band. Next resistance is 1.15. Once break the resistance, next hit point will be 1.17.

$Frencken (E28.SG)$ will this go back to 1.3?

$Frencken (E28.SG)$ Hopefully today has some movements (up) 😁

$Frencken (E28.SG)$
A dragonfly doji that looks like a hammer has formed. The stock has hit the bottom based on the TA chart. Good to accumulate.

$Frencken (E28.SG)$
I have bought some shares at 1.11 to DCA. The stock price has fallen outside lower band and won’t be for long. Continue to accumulate.