Page 41 | Ideas and Forecasts on Stocks — Singapore — TradingView

SGX Starhill Global REIT Neutral Stock could be in a weak uptrend channel after breaking out from a sideway channel on 9 Apr. It could very well be another sideway channel. Earning to be announced on 28 Apr. expected earnings to be lower. If true, then likely continue sideways movement. If earnings better than expected, potential to follow uptrend channel.

SGX Suntec REIT Long Stock is trending upward in a channel. Currently trading near low-point of channel. Potential to move upward. Potential to long @ 1.27 and take profit @ 1.36 (resistance line) while stoploss @ 1.22 (support line).

SGX Keppel DC Long Stock is trading at lower end of uptrend channel near resistance line @ 1.50. If breach, next resistance line @ 1.55 which is the historic high for the stock. However, there may be room to go higher at it's below the high of the uptrend channel. Support line potentially @ 2.40.

SGX Singtel Long Stock is trading near lower bound of uptrend channel. If breach, next support line could be 2.70 while next reistance line could be at 2.82.

Testing S&R lines for CMT Hi guys, i'm trying to chart support and resistance lines. Am a noob here, do correct or give me suggestions on how i can draw these lines better! Thank you :)

by lobsterrolls

Testing S&R - noob here Do correct me if i had drawn my lines wrongly

by lobsterrolls

Suntec - bullish divergence on 4hrly (potentially on daily too)Suntec Reit could be forming a bullish divergence on the daily (need another day to confirm this). Will be looking to enter based on the 4hrly (bullish divergence there as well). Long as it starts going above 1.26 (with a stop just below 1.20) and looking to take short term profit around 1.40. (protect with trailing stops on the way up in case the market doesn't want to give that much profit!) 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.

S63 - Is it possible in formation of Head & Shoulder?With the current oil crisis, market is in sort of jitters right now... this counter seems to follow the down trend (possibly) as well. Will the head & shoulder formation plays out in short term duration? or will it break out of the current formation and become bullish? 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 :)

Mapletree Logistics Trust - Bullish divergence on 4hrly spotted Bullish divergence between price and stochastic on the 4hrly. Long @ 1.66 with a stop just below 1.60. Looking for initial profit around 1.80. Let's see how it pans 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.

1H3 - short term bearish?Do you think the formation will play out nicely? if yes, prepare for a ride down as shown in the chart. 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 :)

Regular flat on its way to completion, not time to short yet SGX:BS6 YZJ is on its way to short but not yet. The sub-5th wave of the C leg must be completed.

by William-trading

Why I still have not consider buying Property stocks This was one of the most talked about stocks in our local forum. Many were saying how good it is and how cheap it was (months ago) and they went in at a bargain. Forgive me for not able to furnish you more about the fundamentals but the chart failed to excite me at all. Day chart - bearish 4H - slightly bullish but facing resistance On the macro environment, you already know how severe the impact Covid-19 has caused the whole world to plunge, causing many industries to slow down drastically. Property stocks is one of them. Ask yourself this question wherever you are staying - who are the workers working in the construction site ? Foreign workers , right ? So in Singapore , where we depend so much on them to help us build the properties, be it residential or commercial, they too are hard hit now with the cover-19 . Singapore has order a circuit breaker to get everyone to stay at home. They are now the latest victims of Covid 19. So workers for property developers can't work, the work has to be halted. Developers have a certain time line to complete the construction else they have to pay a fine to the government. Now, how about the consumers ? Are they actively buying ? Read here Really, if I have loads of cash now, I will go scoop up some luxury properties as developers will soon dangle discounts or the heavily leveraged investors have to dispose some of their properties as they cannot afford to flip now with no buyers and serving the loan become a pain. So, now you see the logic why hesitating to buy the property stocks (in any country really) can wait. No hurry.....

SembCorp Marine (The Bottom is NEAR)View On SembCorp Marine (25 MAR 2020) This counter is in free fall recently as it can be pretty related to Oil production. Currently, the price has hit the upper band of multi-year support region from $0.45- to $0.69 and making a decent bounce. It may fall back to the region again once this hope rally frizzle out. Summary: Too late to short, and go Long slowly. 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.

DBS - Back at key levels Current DBS is supported with a weekly strong bullish trend that is heading up to test the key support/resistance level. If market actually breaks out on this level, stock price will go back to test $22.6 - $23 level easily. Overall, It is expected to see price action to break the long-term trend with current economical issue. Not to include fundamentals, if market breaks the trend; Testing of $14 is expected before further downside of $13-$12. I write both at: www.patreon.com www.financialveracity.wordpress.com

OCBC - Rising wedge!Consider it a Rising wedge or a flag/pennant (on longer timeframe). Both in my view are bearish formations in current context. Look out for the breakdown of the wedge. Target should be recent low atleast. However, I also see a cup and handle formation, therefore, bets off if the recent high is taken out and goes above the wedge formation. Disclaimer: Not a recommendation to buy or sell.

by JackBauer007

Mapletree Industrial Trust - Right Angle Wedge formation Odds are good that the breakup will be on the horizontal side of the wedge (at 2.49). I am looking to accumulate within this narrow end of the wedge (between 2.35 - 2.45). With a stop just below at 2.34 and if it does break up, I will be looking to take some initial profits at 2.59 (61% fib retracement of the recent plunge) and with trailing stop to hopefully take the rest of the profits around 2.77 (Gap Close there). Hope for the best! 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.

DBS Flag / Pennant DBS is trading in the flag / pennant. Lookout for the break. Disclaimer: Not an advice to buy/sell.

by JackBauer007

SIA time to short. This time it may be a downside. Dark cloud cover formation on Wednesday shows a clear indicator to short. Pennant formation more or less is confirmed.

by William-trading

K71U - Singapore - 13% of gains ahead Keppel REIT a property owner of prime office buildings in Singapore seems to be tracing a minute wave c up that should push prices to 1.07, the most probable target. If prices go below 0.875 which is the low of minute wave b, this scenario should be void and chance are that minor wave 4 has already finished and wave 5 down is on the way. Keep tuned. Follow Skylinpro to receive updates.

K71U (Singapore) - critical juncture Keppel REIT, a prime office REIT from Singapore seems to have finished the minor for correction up. If it doesn't cross the 0.99 mark, the path ahead should be in direction to new lows. FOLLOW SKYLINEPRO TO GET UPDATES.

SGX:5WH Potential Short Setup - Day 3 testing 20MA resistance?CCI overbought @ 100 9 April 2020 - Potential Short Setup Entry at previous day low - 1 bid Stop loss at previous day high + 1 bid

SGX:C38U - Short Opportunity during Circuit Breaker period Nicely following the 10MA downward trend. Look out for opportunity at CCI(5) overbought. Watch outs: Earnings report @ 22 April; likely to be pessimistic. Landlords will likely to reveal cautionary projections on dividends. Entry @ previous day low - 1 bid Stop @ previous day high + 1 bid Potential risk reward 1.5

Valuetronic clear to sell now. Refer to the above post. On 3rd of April, we believe that Valuetronics Holdings rebound may continue to the 161.8% extension level and price did travel to the level at 0.595, short of 0.05 of our target price. The price did have some reaction by selling down on Monday and based on the technical, the stock is set to continue its downside: 1. The stock had a sell down at the supply level confluence with the 161.8% extension level of 0.530-0.435. 2. Price action indicate that the stock has completed the bearish flag. 3. Evening star formation at the top of the flag and 161.8% extension level. 4. Death cross is still valid with prices trending way below the 50 and 200 Moving averages. 5. Stochastic Oscillator shows an overbought crosses above the 80 overbought zone.

by William-trading