The weekly 4 Stocks This Week column on DollarsAndSense was started in 2017 with a simple objective was simple: to provide a convenient read each week for busy investors to stay updated with what is happening on the Singapore Exchange. 4 Stock This Week is not a recommendation from us to buy or sell any of the stocks that wke feature. Its purpose is to highlight interesting stocks that investors should be aware of, rather than to analyse these stocks. For this week’s edition, instead of the usual coverage of four stocks, we’ll do a year in review of the other 51 instalments of 4 Stocks This Week that our team has written in 2019. Over the past year (51 weeks), we’ve covered 123 SGX-listed stocks, 4 ETFs and 8 Daily Leverage Certificates. The most covered stock was Sas

About a month back, we saw Bumitama Agri attempting to break the 0.70 resistance level…That was also where the downward sloping channel resistance was, so any move up above that price level can be a good reversal signal…Upside target was drawn towards 0.75 first as seen below..From the moving averages, a longer term uptrend reversal still needed more confirmation,but the short term uptrend was looking quite bullish with it trying to find a new high and with 20 day MA reversing up, crossing above the longer term MAs fast..See below chart what was seen then..Over the next few weeks, we started to see it pushing higher toward our first target that was finally hit at 0.75.Some profit taking set in which is normal given the 6% gain in a few days..Upside target was reiterated again tow