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SIA - capitulated and on the slow path to recovery Bullish divergence formed as it made a new low on May 20th on high volume. The signs are clearer now that the low is in and going forward it should be making a slow recovery. Time to long this morning @ 4.20 +/- from with an initial stop loss below 4.10 (or even 4.00 thou I believe the latter is less likely now). Trail stops up as the trade develops on the upside scaling out partially at suggested Targets of 4.85, 5.15 and 5.60 etc (fibonacci retracement levels on the way up). 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 risk tolerance. Thank you.
SGX:C6LLong
by Juliac
SIA SGX Stock (The Pride Of Singapore?)View On SIA (4 JUNE 2020) We are seeing a strong rebound in SIA for the past weeks and currently, it is at an important level of $4.30 region. This is the make (or) breaks regions and it is getting a little late to buy in. We may see some resistant at the region but as long as 3.65 is supported well, sooner or later we shall see $5 again 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 work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SGX:C6L
by SonicDeejay
CapMall Trust - Time to stake for the ride up againCMT was pushed up quickly from 2.13 to 2.35 yesterday before crashing all the way back to 2.05 today. It appeared to find support at 2.05 which is also the 50% fib retracement of the swing up. A potential bullish divergence is also forming on the 4hrly chart. I would test the long here @ 2.05-2.06 with a stop @ 2.00 and looking for a retest of 2.35 as its initial target. Hope it works out! 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 risk tolerance. Thank you.
SGX:C38ULong
by Juliac
SATS - Bullish Adam & Eve Reversal?SATS has been staging several strong rebounds since late March which failed. However the stock fell on 29 May with a massive volume but without forming a new low from the March's low. There is a chance that the weak bulls have been flushed out once and for all and that the rebound that started 2 days ago is sustainable this time, especially when it appeared to have formed an Adam & Eve base formation. Time to stake it for some upside. Long @ 3.00 with initial stop just below 2.85 and looking to scale out @ 3.28-3.30 then 3.55 and perhaps even 3.80 if lucky. 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 risk tolerance. Thank you.
SGX:S58Long
by Juliac
Astaka HoldingsThe Company was incorporated in Singapore on 28 July 2008 under the name of Westminster Travel Limited. The Group is a one-stop travel management and services group offering a wide range of travel products and services. It is principally engaged in the provision of corporate travel services and the wholesale of air tickets and hotel rooms. Its also provide leisure travel services. The Group’s business can be categorised into three segments as follows: Corporate Segment: Its corporate segment provides corporate business travel, MICE, corporate leisure travel and other travel related services and products to its corporate travel customer base. Air Tickets/Hotel Rooms Wholesale Segment: Its wholesale segment engages in the sale of air tickets and hotel rooms on behalf of its suppliers to its customers, which comprises other travel agents. Leisure Segment: It offers a range of travel products, including FIT packages, air tickets, hotel accommodation, and other travel-related products such as insurance, Eurail pass, Walt Disney tickets, cruises etc to both its retail and wholesale customers through its network of travel management and services offices.
SGX:42S
by chamin7317