SGX is approaching support Price is approaching our buy entry and a test of our buy entry could present an opportunity to buy. Ichiomku cloud is showing signs of bullish pressure as well.
LongLong
Key levels to watch on Keppel, potential for more upside! We could be seeing room for more upside to our resistance target at 4.91. A test of our support at 4.28 presents an opportunity to go long. That said, I want to caution the absence of any ascending trend line which would make the setup clearer. What are your thoughts on this?
Long
$C6L Time To Load Up Shares On This National CarrierTechnical Analysis
Currently, $C6L is trading within a Descending Channel chart pattern, where it has been making a series of Lower Highs and Lower Lows since 23/3/2020. As of 6/10/2020, the price closed at $3.500, at an area within the Descending Channel. We notice that recently, on 23/9/2020, $C6L has made a Higher Low, with reference from the Low preceding it on 4/8/2020. If we take a look at historical Higher Low formations within the current Descending Channel - where I have marked these
Long
DBS Short IntradayIndicators enters overbought region.
Short between 20.75 - 20.85, Stop loss 20.95
Potential pull back to MA20 (20.55)
Short
UOB LONG Breaking out $19.50 Have been seeing it consolidating bet $19 - $19.50 for almost a month.
Breaking out $19.50 should see it start trading within the range of $19.50 - $20
Long
Long
OCBC facing bullish pressure Price broke out of key descending trend line, a test of our buy entry could present an opportunity to go long and play to our take profit target. Overall direction is bullish for me now as long as prices holds above the trend line and a break above the immediate ressistance at 8.69 could see prices push higher.
Long
STI Venture V03 pivot at $19.54 for uptrend to continueVenture had resumed its uptrend with a sharp parabolic ascent to $29.50 from Aug 2016 to Mar 2018.
Pivot : $19.54
Buy on a break and close above $19.54
Target $29.50
Stop Loss : $18.92
Long
STI Wilmar F34 seeks $4.54 to resume uptrendWilmar resumed its uptrend LT in July 2019.
Multiple buy signals MT and ST were issued on 270720 and 250920 @$4.41-$4.46
PIVOT : $4.54
Buy at the break and hold above $4.54
Target ATH of $7.29
Stop Loss $4.36
A break of $4.36 will negate the ST buy signal and test $4.04
Long
Mapletree Ind Trust ME8U watch $3.19The uptrend of ME8U is impressive since 2011.
Price is expected to trade between $3.04 and $3.34 in the ST
A break upside of $3.34 will resume its uptrend.
Pivot : $3.19
A break of $3.19 will lead to ST weakness to to test $3.04
A break of $3.04 will see a MT correction to $2.17
Keppel Corp - We are looking at one last downside before a rebouDespite roaring positive news, the stock's rally was capped at the supply zone. Hence, we are looking to long at the next potential demand zone highlighted in the chart.
Long
HPH trust (“The only joy in the world is to begin.”)View On HPH Trust (1 Oct 2020)
We have a strong swing up recently but it has "ended" with a BIG Bang.
Moving forward, we may be seeing some pullback as profit taking.
So, if you thinking of getting in now, it is considered late already.
It is better to wait it out, wait to buy in a lower price. Overall, it is still under BULLISH trend.
DYODD, all the best and read the disclaimer too.
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SembCorp Marine ("Leadership and learning are indispensable")View On SembCorp Marine (28 Sept 2020)
We are in the extreme downtrend for the past years and so far, there is no end in sight.
We are seeing very significant transaction aka volume in the recent weeks. Something must be brewing.
Watch out $0.20, if the price ever go back up. then bull may have some chance.
Let's see
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on m
Long
Short
CityDev key levels to watchPrice is testing a key support where we could see a pullback to test our resistance level, as long as prices hold below the descending trend line, overall direction remains bearish for me, a break below this key support area could see a further drop to our next support level.
Long
SingTel is testing support, wait for break above trend line firsPrice is sitting on a key support level and a break above the trend line could provide the bullish confirmation, currently I am keeping a close watch on how prices play out and would not consider any long positions before the break of the descending trend line
Long
OCBC, multiple testing at support weakens itDescending triangle and a strong bearish impulse downtrend indicate the dominant trend is still bearish
Short
Parkway Life Reit - Opportunity to stake for more upsidePWLR has gone parabolic since last month. It shot up strongly to 4.52 last Friday before suffering a steep pullback to 4.15 today.
The uptrend is still intact and it is an opportunity to accumulate between 4.15 to 4.18 with initial stop loss @ 4.05 (just below the recent low @ 4.07). Looking to scale out along fibonacci extension levels 1.272-2.272 of the BC swing up (will trail stops up as trade goes our way).
Disclaimer: This is just my own analysis and opinion for discussion and is not a
Long
SGX - Inverted H&S breakupLong upon the break of the neckline at 8.86 wit initial stop below today's candle low @ 8.65. It may break up and retrace to retest neckline again within a week, if that happens, it's normal as long as it does not break more than a few ticks below the neckline.
Looking for H&S Target @ 9.80 (protect with trailing stops on the way up though).
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to y
Long
Ascendas Reit - Time to stakeA-Reit has been declining within a parallel channel for the past 1.5 months. It went just 3 ticks below the 61.8% fib retracement support @ 3.23 and is now staging a rebound above this declining channel.
Long @ 3.25 with initial stop just below recent low @ 3.18. Will scale out along the way from 3.42 - 3.65 if trade works out well.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own r
Long
Opportunity to LONG DBSI spot a potential entry to LONG SGX:D05 in the coming days with a good RR.
Almost a month DBS is ranging from $21 to low $20ish, the consolidation is getting tighter and compression needs to be released.
To cut the story short, here is my personal call:
Buy Limit at $20.00
Stop Loss at $19.50
Take Profit at $21.60
Risk Reward Ratio = 3.12R
Disclaimer :
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to yo
Long