DBS on route to recoveryChart has shown a series of higher lows while respecting channel support on a daily closing basis and we can expect price to continue this upward trend.
If you are already long on this trade, the first TP should be at the 50MA where supply will start to come in.
The next opportunity for a long entry would be either at pennant support or when we get a daily close above $20 (which is also above 50MA*).
Frasers CPT Trust - Still looking sweetFCPT finally broke quite decisively above the "neckline" at 2.10 today. Still not too late to jump on the bandwagaon (esp if it could retest 2.10 in the near future) with a stop just below 2.00. Look to scale out around 2.30 then 2.48 and finally 2.65-2.75. However I do not expect a smooth journey to the final target but as long as it is able to from a higher high and higher low then will stay long.
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 - Bearish divergence?Thus far, this counter has been trending within Fib channel. As of weekly chart, it shows bearish bias on potential short term retracement.
Feel free to share your thoughts comments box. Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. Thumbs up if u like the analysis :)
Keppel - Potential Ascending WedgeHi folks, based on the TA of this counter, it appears that this counter is on ascending wedge. The targets of possible downtrend is indication when MA50 (purple) line is encounter. TA will be invalid if it breaks higher than the drawn wedge boundary.
The support level is highlighted as red horizontal bar. If it break the lower of the possible support level at 4.82, it will dive further down. Feel free to share your thoughts comments box. Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. Thumbs up if u like the analysis :)
World no 2 Airline share price crashed !!!SIA, world no. 2 Airline according to Skytrax in 2019 saw its share price comes tumbling hard day by day. Read the latest news here .
Will the SINGAPORE Government consider a bailout like what the other airlines are asking from their own government as well ?
I have said that this Covid-19 serves as a serious wake up call for all of us, individuals and businesses. In tourism, many hospitality firms that depend on a concentrated nationality like China saw their business plummet 90 over percent and many have declared bankrupt .
Never mind the experts, politicians have differing views about when we can see a turnaround for Covid-19, some say in April , others claim in June. We need to be mentally prepared. The loss of job, income, family disruption and inconvenience has to be accepted and one has to find ways to adapt as fast as possible.
Nobody says it is going to be easy but rather than complain and find fault with whoever, whatever that causes this , it is wiser to find more additional sources of income as one would need more of it , especially in this pandemic now.
This airlines may have a lifeline thrown to them by the Government or some Aviation association since they are so big and too big to fail (i think). But we cannot say the same for an individual family, anywhere in the world. Life still have to go on and the faster we accept it, be socially responsible when we are going out (wearing mask, using sanitiser) and keeping a safe distance, the lower chance of us contracting this Covid-19.
Take this opportunity to learn as much as possible about trading (if this is your cup of tea) or any other money - making ideas you have. Spring is here, a season for sowing. So, let's sow our good seeds of love, compassion, diligence and joy into our lives and in due course, when the time for harvest comes, we can reap a bountiful one and share with more people.
Mapletree Com Trust - Inverted H&S retest ( Round 2 )The first test of the inverted H&S failed (broke up and then failed a few days later). Now with bullish divergence forming again on the daily chart, it looks like MCT is ready to do another retest. Will this breakup suceed this time? Can only wait and see. Long at 1.80, stop below 1.75. Should it break above neckline I will move my stops to just below the neckline.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence
SIA - AnalysisSTOCK IN FOCUS: SIA
The pandemic situation shocked many markets, and the impact seems to be just gaining traction in the West. The situation does not seem to be slowing down yet, and it will still take time for any recovery to the pre-virus phase. Aviation is definitely one hard-hit industry, with governments having travel advisories and even banning flights to and fro certain countries.
SIA is such example being an aviation stock. The stock price has dipped to a critical zone (down 24% from end Jan' 20), but I believe that the zone may not hold, and price is likely to fall through, possibly reaching the indicated price support levels where we could see price rebound off.
Price support 1: $4.84 (46% discount from end Jan' 20)
Price support 2: $3.83 (58% discount from end Jan' 20)
Short for the next 6 monthsFrom a fundamental view point, unlike other carriers which has domestic demand. SIA is entirely dependent on international demand for its revenue. The impending travel restrictions along with weak fundamentals post ex-rights might indicate this is a potential value trap.
Area of Value may be somewhere around $2-2.25 to $2.5. But do your due diligence in timing your entry. Overall short-term bearish outlook.
Awaiting to clear 0.285 hurdleThere is a possibility that if you chase the price now, your fate might follow the pink arrow.
I could be wrong and the price just keep on going up as well. Another safer way is to wait for the price to breakout of 0.285, sustain above it and go for a long .
That would have a higher margin of safety and confirmation.
5Long
Mapletree Com Trust - will it complete an Inverted H&S?Inverted Head & Shoulders would confirm upon a daily close above the neckline at 1.90. When this happens, I would enter with an intial stop loss just below 1.80. Should the trade works out, I would scale out partially around 2.09 (possible horizontal resistence there) and protect with trailing stops to ride the rest to about 2.30 (Inv H&S target is at 2.35).
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.
CapitaMall Trust - Bullish divergence on dailyLong immediate at 1.72 (with stop loss just below 1.65) and short term upside to 1.89.
There is a chance an inverted H&S is setting up (longer term bullish if confirmed). Will revisit when it gets there.
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.






















