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64% ROI if you invested in March 2020 for OCBCSuch is the rewards if one is patient enough and daring enough to get in at the almost right time! The top 3 banks are giving good investment returns to their shareholders thus far and with the rate hike news, it should not be a major issue for these banks to reach their previous peak at all. In this case, we are shy of 2 dollars to reach the pinnacle. Will it rise higher thereafter ? I would say it is highly possible but not without challenges. It is more likely for profit taking and thus ret
SGX:O39Long
by dchua1969
Common Sense to InvestingRead this article here In the world of investing, I think common sense is also not commonly practised. When we see charts with red candles or trend sloping downwards, we become fearful and paralysed to take action. In our mind, we kept thinking how low will it go ? Should I wait some more ? Yes, like the guy who jumped off the 3 storey building, buying when the price is depressed equally takes courage. But not this kind of risky courage of jumping from a 3 storey building where you could p
SGX:D05
by dchua1969
A Post-event look at Daisin Retail Trust (CEDU)Based on simple TA indicators on Monthly Chart note : Monthly Chart can be seen as long term view, but may not as long as 5~10 years ba long long term 1. price chart 2. 20 month SMA, quite a long-term Moving Average to break or reverse 3. RSI, like price chart, using previous High/Low as resist/support and trendline to determine breakout/breakdown 4. Volume may be ignored if too many irregular high volume months seen (maybe due to married deal) 1st part: RSI falls below L1 in Aug 2019, fa
SGX:CEDU
by Qijun168
DBS to Gain as Funds Rain in SingaporeDBS is positioned uniquely at the intersection of both India and China to gain from growth in both countries. Facilitating capital flows out of China, continued rising footprint in India, digital asset presence, a trusted bank in Singapore which is emerging as the Swiss of Asia, DBS has more than one source of tailwind powering its upward flight. Specifically, this paper identifies five key drivers powering DBS shares. Against the backdrop of sharp recession ahead, this paper posits a case stu
SGX:D05Long
by mintdotfinance
Selling in Wilmar International is almost done .....At least I think so........haha It has dropped almost 27% from its peak at 5.64 and the price has gone south ever since. By drawing the support line and the channel where the current price is forming, we can exercise slightly more patience before picking up this stock. This wait could be days or weeks or even months. Meanwhile, you can better deploy your capital elsewhere. Again, what suits my style may not be suitable for you since I do not know your investment objective, reason for picking
SGX:F34
by dchua1969
Singapore Airlines (SIA : C6L) targets $7.00 and attempts to breLong term DOWNTREND SINCE 010908 Medium term UPTREND since 111021 Short term UPTREND since 311022 Singapore Airlines is 1 of 8 component stocks supporting the rise of the STI at the start of 2023. The long signal for this recent run started on 311022 at the price of $5.21. $7.00 is a significant target as it marked the start of last 7 year decline of the stock to a low of $3.20. PIVOT 5.74 Long positions above $5.74 for $7.00 and $8.65 Short positions below $5.74 for $4.89 and $3.20
SGX:C6L
by gekkohot
Nanofilm, chasing the momentum (MZH)(SG Market)This is pure chasing of momentum. It seems like the resistance at 1.400 is broken with sufficient volume backing it. Volume increased on both buying days, denoted by the green arrows. We do have a significant selling volume on 04 Nov 2022, hence the first TP is at 1.680. If the price managed to break above 1.680, then this would signify that 04 Nov 2022 is a selling climax and the bottom is in. However, we do not want to assume things too soon, hence a small long position is safer to chase the
SGX:MZHLong
by NimbusCapital
2
DBS rallies ahead of tomorrow's earnings reportThe stock has been performing well ahead of its earnings reports, thanks to the news that DBS will be the bank to utilise MaxxDigital – a digital asset platform that provides risk and FX solutions for institutions. Whilst Singapore’s regulators continue to clamp down on crypto trading for retailers, Singapore wants to become a digital-asset hub within the financial sector – and this could be the first step of many which help them do just that. DBS rose 3.6% on Friday following the announcement
SGX:D05Long
by StoneX Trading
BS6.SGX_Bullish Breakout Trade_LongENTRY: 1.27 SL: 1.16 TP: 1.35 - ADX>25 - Daily RS +ve - Daily FFI +ve - Weekly RS +ve - Weekly FFI +ve - Moving averages are aligned. - First breakout from range on 22 Sep 2022 with volume before retracement to resistance-turn-support area (1.03) and rebounded with volume on 6 Oct 2022. - Breakout today from ascending triangle pattern. - Entry today based on breakout and >3% rebound off 10EMA with volume. - Watch out for earnings in coming days.
SGX:BS6Long
by TRADER-WANNA-BE
Incentives to get out of the house Read this latest news here Of the biggest comfort and relief to most people (including me) , I think it would be taking off the mask when we are outdoors ! We have been wearing it for 2 over years , a long time ........ People will flock to the bars, restaurants, hotel cafeterias, etc to resume their usual life once again and business in this sectors will roar again. And the private hire car business , taxis services will be in demand again. Those who drink are not going to drive and they w
SGX:C52Long
by dchua1969