CityDev is approaching resistance, potential reversal Price is approaching resistance where we could see a reversal below this level, a break below our intermediate support could see prices push lower.
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Silver lining in retail sectorsRead about CCT here
You see, a retail mall is more than a place for people to get their groceries, dine out or send their kids for tuition. The Covi-19 has sent many retail players going bust and unable to pay their rents due to lack of sales. Some say, convert to online. It is easier said than done when most people are asked to work from home, the need to change their wardrobe to a certain extent has dropped as well.
We also know that the Covid-19 vaccine is getting closer each day and who
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UOB testing support, potential bouncePrice broke the descending trend line, a break that we have been waiting for, we could be seeing a further bounce above this level.
Long
$C6L Swing Trade AnalysisIn this post, I will be going in detail with regards to my view of $C6L from a technical perspective.
As of the time that I am writing this post, $C6L is trading at $3.560. I am fully aware that, right now, it may not be the best time to invest in the airline industry due to the uncertainties that surround it. We do not know when a vaccine will be developed, we do not know when a newly developed vaccine will be available for the masses, we do not know whether $C6L will be able to survive the cr
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SGX is approaching support, potential bouncePrice is approaching our support at 8.40 where we could see a bounce above this level. A break above our bearish trend line could see a further upside in prices.
Long
Suntec, a beneficiary of this relaxed regulations Read article here
Looking at the chart, it seems highly likely that the trend continuation will continue and break out from the bearish trend line and proceed higher.
For those who wants extra assurance, wait for the breakout , retrace and find an entry to go long.
This is good news since our MICE industry cannot rely on domestic market, that means the business travel sector must be getting ready along with the hotels businesses to cater to the international exhibitors and attendees in tim
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Key levels to watch on OCBCPrice is trading within a range now and is facing bearish pressure from our descending trend line and Ichimoku cloud and a test of our resistance could see a reversal below this level. If price breaks above our descending trend line, it could provide room for more upside confirmation.
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DBS approaching a key support levelPrice is approaching a key support level where we could see a bounce here, in line with our ascending trend line. A break above our descending trend line could give us a further upside confirmation. What are your thoughts on this?
Long
Wilmar - Half Empty or Half Full?Wilamr gapped down a hefty 10% after a major shareholder announced that it was planning to pare it's stake amounting to about 2.68% of the issued share capital (a large sum of about $500m). It traded as low as 4.31 before rebouding a little to about 4.37 now.
There are a confluence of 3 supports between 4.35-4.38 region (a horizontal support, trendline support as well as 50% fib retacement here). Could be worthwhile to test some longs here for an eventual rise to 4.75 (gap fill). Initial Stop
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Wilmar under bearish pressurePrice is facing bearish pressure where we could see a further drop below this level.
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QAF - Breakout with strong VolumeGap up and breakout with strong volume.
Partial buy. Target 1 and 1.2 (10% to 20%)
Further buy when Banker's volume getting stronger.. Set Alert for banker's notification
Long
Parkwaylife REITMissed this trade.
Breakout with strong volume
Banker's chip dominating with > 75% and above BMA
Monitor to buy on strength
Long
42N trend analysisGood fundamentals, RSI currently at 33 and it's on the bottom side of Bollinger Band, expecting reversal soon.
TP-0.1
SL-if goes below 0.081
FRASERS CPT TR - Banker's Chip improvedRetest 2.6 Resistance with significant volume improvement.
Banker's chip turned strong chip.
Breaking 2.64 resistance will expose next level of resistance at 3.0
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UOB bounced off key support, wait for break above trend linePrice bounced off a key support level and a break above our descending trend line could provide the bullish confirmation. I will only consider a long position after this trend line has been broken.
Long
RiverStone SGX (Pump And Dump, SG Style)View On River Stone (4 SEPT 2019)
This is going to be an another classic example of Pump And Dump.
Reaching $3 shall be easy.
DYODD, all the best and read the disclaimer too.
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Thank You!
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Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you
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Medtec Bottoming for next ride upWe should see Medtecs bottoming tomorrow retesting the 1.36 level before making another run for its highs. Levels are still intact. Fundamentally, nothing has changed since last earnings.
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Genting under bearish pressure, potential for further dropPrice is under bearish pressure where we could see a further drop below this level.
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Keppel is near a key support level Price is approaching a key support level in line with our fibonacci confluence levels and a break above our descending trend line could see a further upside above this level.
Long