LongLong
DBS is facing bearish pressure, potential for further dropPrice is facing bearish pressure and we could see a reversal below our sell entry here. Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.
Short
Long
Keppel is approaching resistance, potential reversal Prices are approaching our resistance in line with our longer term time frame's trend line where we could see a reversal below this level.
Short
Genting a break below support could see a further drop Price is approaching our support target at 0.860 and a break below our ascending trend line and support level could see a bearish acceleration to our next support level at 0.820
Short
Long term trade aligned with technicalsThe tailwinds are obvious - Singapore is gradually opening up to other countries. Airlines and travel industry is going to receive a lot of support (both consumer, government and businesses) and recover from covid eventually. Singapore Airlines is one the best international airlines in the world and is a safe long term play.
The stock price is consolidating with a triangle pattern and a bull flag formation. Coincidentally the next leg up is about the same length of the bull flag pole. Current p
Long
LONG SIA, reclaim of 200ma and bullish consolidationAs we can see, it has been in a prolonged downtrend since 2019 with the 20day ma acting as resistance for the 8 day ma. But alas, the 8day ma has reclaimed not only the 20day ma, but also the 200 day ma, and is now consolidating nicely.
this is apart from the bullish divergences and hidden bullish divergences previously which fuelled the 200ma reclaim.
The idea is a long so long as the 200ma holds. Stop loss should be a daily close below the MA to avoid stop hunting.
Long
Key levels on GentingPrices are testing resistance where we could see a pullback to test our support level. Overall trend remains bullish as long as prices hold above our support target at 0.860.
CityDev could see a pullback to test support Price is facing bullish pressure from our support and a pullback to test our buy entry could see a further bounce above this level.
Long
Long
AWX.SGX_LongENTRY: 3.60
TP: 3.82
SL: 3.39
- ADX<25. Prefer it to be higher.
- RSI>60
- FFI +ve
- RSI -ve
- MAs are aligned
- 10MA about to cut above 40MA
- Break downtrend line on 4 Jan 2021 and held up well today with volume.
Long
I07.SGX_LongENTRY: 0.430
TP: 0.480
SL: 0.385
- ADX<25. Prefer it to be higher.
- RSI>50. But pointing up.
- FFI and RSI +ve
- Looks like demand in play with many green volume on up and low volume on retracement since Aug 2020.
- Price squeeze in triangle.
Long
EB5.SGX_LongENTRY: 1.50
TP1: 1.61
TP2: 1.67
TP3: 1.76
SL: 1.39
- FFI and RSI +ve
- Good volume breakup on 6 Jan 2021.
- Retraced with lower volume close to Fib 0.382 level.
- Entered with lower position.
Long
UOB is approaching support, potential bounce Price is approaching our first support in line with our 50% retracement, 100% extension and horizontal pullback support where we could see a bounce above this level to our take profit target.
Long
CityDev is still trading below the resistance line! CityDev is still trading below the resistance line! Our MA20 vs MA50 still shows that price is on a downward movement. Any idea when this drop could end ?
SIA saw trendline breakout to the upside ! SIA has been moving sideways and is seeing trendline breakout to the upside ! MACD is also showing bullish sentiment building slowly.
Long
Key levels on KeppelPrices played out nicely in our previous call, here are the updated key levels for me on Keppel. I caution our 5.66 resistance level as it is in line with our monthly descending trend line as well where we could see a pullback to test our support. A break above this level would see a further push up to our next resistance target at 5.91.
[Trade Setup] FortressMinerals (SG)(OAJ)(Risky)(Freebie)Justification: Breakout resistance with good momentum:
Risky: Seems like a small cap with low liquidity
Long
Why you should not chase high price ?Those who bought at 0.565 to 0.625 are sucking thumb and sore about their paper losses (if they are still holding) and will be awaiting for it to go back up and get out on first sign of bullishness.
There are many stocks currently in this stage (pink circle) and I am being more selective now in buying stocks at this juncture.
Long
Should you sell the bank stocks ?Just search through the internet daily and you would find plenty of trade calls on buy and sell stocks, be it an article, video or podcasts. So, I can understand the confusion for new traders/investors. Who do you really listen to ?
I too, suffered this "blind follow blind leaders" syndrome when I first started, made lots of illogical and silly mistakes that could be avoided but nevertheless it happened. So, like they said, one has to pay tuition money to learn from the market, haha.
My 2cents
Long
Is time on your side ?When we look at investment returns, we need to be clear on a few things !
1. Timeline of investment - that means the time frame you are looking to make your returns on investment. Is it 1 year, 5 years or 20 years? So, when I asked this questions to many friends, they answered as a matter of fact - Of course, the sooner the better. Fair enough but how about the risks ?
2. RISKS - so if you want fast returns , can you also stomach the risks ? High returns and low risks in short time frame ? It
Long