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The Regional View
 

Looking for stocks abroad? ChartNexus takes a look at some interesting counters within the Asia Pacific region.

 
Singapore

ARA
 

The multi-month uptrend is still intact for ARA as it continues to display a series of higher lows, higher highs and trades above the 50-day moving average. In addition, the Stochastic oscillator continues to trek higher which suggests that upside momentum is building up. These observations suggest the presence of a bullish trend at play. On the upside, be on the lookout for a re-test of the all-time high level at $1.86. On the other hand, a violation below the immediate support at $1.58 may damage the bullish trend to spark a sell-off towards the next support at 1.40.

 
 
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