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 lookin
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 pro
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MLong
UOB 50 - 200 SMA Death Cross?www.tradingview.com
UOB Weekly Chart:
1. 50 Day SMA / 200 Day SMA death cross imminent?
2. Further decrease in Chaikin Money Flow from -0.20 to -0.28 from May to June
3. Thin volume on 2nd June breakout above $20
4. Consecutive gravestone dojis on 3rd and 4th weeks of March. Although shadow length is rather small.
SIA: No catalyst for demandwww.tradingview.com
SIA latest headlines: 1st June 20'
- Majority of SIA directors chooses to let their rights mandatory convertible bonds (MCBs) lapse without exercising them, despite proposing the MCB rights issuance to shareholders as part of larger cash call in April.
- SIA to reinstate certain flights in June & July, subject to regulatory approvals. Reinstated services include: Adelaide, Amsterdam, Auckland, Barcelona, Brisbane, Cebu, Copenhagen, Hong Kong, Medan, Melbourne and Osaka
Comfort Delgro (Be Afraid. Be Very Afraid!)View On Comfort Delgro (1 JUNE 2020)
This counter has been downtrend since 2019 and it is kinda ridiculous to call for a SELL out of sudden.
Anyway, I'd like to take note of the HUGH volume that occurred last week due to the News.
So, I do not think it is good news for the counter and it shall not recover anytime soon as long as the price can't break above $1.70 region.
Let's see
DYODD, all the best and read the disclaimer too.
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SGX - opportunity to stake?SGX crashed spectacularly after announcing that they are loosing some MCSI index licenses. However it tested a longer term trendline at 8.13 and has been rebounding from there. Long @ 8.28 this morning with initial stop a few ticks below 8.13 (the recent low). WIth a view to take partial profits at 9.00 and trail the rest 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 tol
OCBC further price decline? www.tradingview.com
Looking for alternative interpretations!
Money Flow Index: 33.24, small room for further decline. Might also be biased towards 27th May distribution volume ex dividend. (Uncertain)
CMF: - 0.29 as of 29th May. Major sell off unlikely, limited room for major demand declines (Uncertain)
Moving Averages: Likely for 14 day SMA to cross under 50 day SMA (Bearish)
Fib Retracement: Resistance at 9.07 (38.2%) remains untested, period selected from 20th Feb to 23rd March for Fib























