UOB approaching a key support level Price is approaching a key support level and a break above our descending trend line could see room for further upside.
LongLong
I will skip this counter for nowSomeone wanted to know about this counter, CAO.
They are dependent on the recovery of the global aviation industry and at present, the entire industry is still very weak. There are analysts saying that traveling may not return to the pre-Covid 19 days. I can't foretell but looking at the chart, I will not be keen.
1. it is still on a downtrend since 2017......
2. there is a support at 0.49 so if the price action over the next few months cannot break out of the bearish trend line and reverse i
Frasers Centrepoint - Break month highPrice breaks month high. Need to break 2.6 Rst to expose 3.0 Resistance.
Banker's Bar (Red Bars) stay above 50%.
SL 2.2
Long
Genting is facing bearish pressure Price is facing bearish pressure where we could see a reversal below this level.
Short
Long
Singtel could see a bounce here Keeping my long call on Singtel here, love to hear your thoughts on it!
Long
Hong Fok (Bad Boys had knocked everyone's socks off)View On Hong Fok (28 Aug 2020)
It has hit strong "support" region of $0.65 right now and we are seeing some bullish price action with it too.
It may spill some bullish move in the near future and it can swing back up to $0.69 or even higher.
Let's see.
DYODD, all the best and read the disclaimer too.
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Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all i
Cnmc Goldmine (Not All Glitters are Gold)View On Cnmc Goldmine (13 AUG 2020)
This is one fine case that shows, there are many buyers on one side.
We are seeing $0.3 as a decent support and it may swing lower to $0.285-$0.29 region.
No hurry to buy in just yet.
You will need to wait for a STRONG Bullish candle to show up, before stepping in again.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
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Keppel, wait for a break above the trend line Price is approaching a key support and a break above the descending trend line could see a further bounce above this level.
Long
Key levels to watch for keppelPrice is approaching our support where we could see a bounce from here
Long
China Aviation (In Search For Yield)View On China Aviation (26 AUG 2020)
We are in the inflationary environment and people are in search for yield.
We are seeing some BULL (pumping action) and it can continue.
$1 will be an easy target. 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 margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can
Long
Singtel facing bullish pressure, potential bouncePrice is facing bullish pressure where we could see a bounce from here
Long
Trading Strategy For Jiutian ChemicalTechnical Analysis
1. Trend Analysis
overall Downtrend
2. Indicator Analysis
SMA 5, 10 on daily is too far away from trending, will result in possible retracement (bearish until retracement)
William %R shows its very overbought.
Volume-> sudden surge in volume could result in great pump and dump
3. Trendline Analysis
Broke above (Teal ) trendline ( Bullish)
Resistance at (green) Trendline ( Neutral)
4. False breakout possibility
An indicator would be in the red circular circle @ Mid nov 2
ASPEN doing healthy retracement ? ASPEN retrace after hitting Fibo target at 0.36.
Looking at relatively lower selling volume, i expect 0.24 will hold.
I consider this as healthy entrancement or profit taking.
Cut Loss if close below 0.235
If able to stay above .24, ASPEN should be able to hit 0.44 target.
UOB approaching support, potential bounce Price is approaching a key support level where we could see a bounce here
Long
Singtel approaching support, potential bounce! Price is approaching a key support level where we could see a bounce from here, stochastic is showing a bullish divergence as well.
Long
Is Medtecs Strong Enough to break 1 ?Breaks triangle pattern with strong volume
Bankers chips (RED bar) increase
Well supported by Ribbon Trend.
Long
Are the gamblers back to the casino ?Read the latest news here
You can say that the Covid-19 has hit the travel and tourism business hard, real hard. Those who have been to the casino knows the atmosphere is different from betting online. It is not just about the winning but the ambience, the people, the light and sound all curated into an exciting place for people to try their luck.
I dunno if people gather in groups to bet online but I doubt so. More likely, the gambler will have to be on his own, using his laptop, mobile ph
Short
OCBC is facing bearish pressure Price is facing bearish pressure from our resistance in line with our trend line where we could see a further drop below this level.
Short
DBS facing bearish pressure, potential for further drop We caught the reversal nicely from our sell entry in our previous call, we remain bearish below this level and could see a further drop from here
Short
Trading Strategy for Wilmar1. Trend Analysis
Trading range to breakout higher in channel
2. Indicator Analysis
Above 200 daily SMA now turned support ( Bullish )
Sell signal from MACD with support of negative momentum from stoch (bearish)
High volume coupled with previous gap down(bearish)
3. Candlestick Analysis
NA
4. Pattern Analysis
-> ABCD pattern could be present if uptrend channel breaks
-> Buyer Holds uptrend channel and continue further
Trading Plan
1. Trade against the flow with shortist
Wait for a weekly cl
SIA is facing bearish pressure Price is under bearish pressure and a re test of our sell entry present an opportunity to short the stock.
Short