SIA - Gap Up As It Partner with Malaysia Airlines

Smart monies gap up SIA as it Sign Wide-Ranging Partnership Agreement With Malaysia Airlines.  Smart monies are opportunities seeker, up side must sync with good news.

Hi-P - Stop by Resistance

Hi-P  uptrend was stop by resistance.  Many technical trader will sell at resistance and if there is a break out, they can buy back.  You waste some brokerage but play it safe as most stocks respect resistance.

Sembcorp Marine - Price Spike Despite Poor Fundamental

Sembcorp Marine fundamental is quite poor as it had been losing money for many years.  Smart monies take the recent Keppel Corp good news to pump up its share prices.  How long will smart monies support the price, we retail investor won't know, best to avoid.

Bukit Sembawang - Going Up Bit by Bit

Like all other property stocks, Bukit Sembawang price had turned positive.

SGX - Price Pump Up Through The Sky

Nowadays, smart monies don't give you chance to think, once there is an opportunity, they will gap up the price as high as possible and then hold it there for distribution to the retail investor.  It can distribute till another quarter or another till when result will be lousier than this record quarter.

Study the banks chart last year and you will know that they are using the same tactics again and again.

STI ETF - STI Uptrend Still Ongoing

STI ETF still in up channel.  Resistance at 3.25 is near.

Thanks to Trump who did not do any negative tweet last week.  No Trump tweet is good news.

Rex Intl - Downtrend Accumulation Uptrend

Technical cycle

Downtrend is followed by Accumulation and then finally Uptrend again.

Keppel Corp - by Spinning_Top

This written by user Spinning_Top from Investing Note.

Tale of my trade: Unexpected fast profit from swing trade: Keppel Corp 
$Keppel Corp(BN4.SI) 
#TA

Pattern used: Thee Buddha Bottom (Inverted Head and Shoulders)

EP : 6.02 
Stop Loss : 5.80 
Original TP : 6.32 
Final TP : 6.75

Keppel Corp had exhibited some volatility in price during end Dec 2018 closing at a low of 5.67 to almost 7 dollars in Apr 2019. In early Oct 2019, I noticed that a Three Buddha Bottom had formed (see circle A, B, C). B is a crucial support when it is also at the exact same support point at ZZ (5.67) in Dec 2018. When price hit 5.67, it bounced, so you know it is very strong.

When the price bounced back up at C (to become the Three Buddha Bottom), it had the potential to reach at least 6.35 (the peak between B and C). 
I made my entry on Mon 14 Oct at 6.02 when it opened above the 21 DMA. Sadly, it closed lower on the day. The next few sessions, it was moving sideways.

On Fri 18 Oct, due to less than stellar results, the price plummeted and reach a low of 5.84. I did not sell as I made my stop loss at 5.80 (1 point lower than support C).

On Mon 21 Oct, there was a trading halt and by afternoon, I learnt of a partial offer of 7.35 by Temasek Holdings.

As this is a designated trading play, I do not intend to wait for the offer to materialize ( 1 year later) with all conditions met, I sold off on Fri 24 Oct morning at 6.75 when the momentum was still building up.

OCBC - Stuck in Narrow Channel

OCBC long-term trend is down.

Sell on short-term strength.

Capitaland - Resistance Had Been Hit

Bounce back or breakout?

OLAM - Trying To Break Out Soon

OLAM look out of a break out soon.

Nikko STI ETF - Up Side Rejected

Unfortunately, the Nikko STI ETF upside breakout was rejected.

Not all breakout are successfully, so we need to study the movement for the next few days.

Current trend: STI still in downtrend.

Trading strategy: Sell on strength

Dow Jones - Bouncing Again

Dow Jones goes down -225.7 on 18 Oct 2019

Seems like bouncing up and down in its up channel.

27000 resistance likely to hold for now.

Watching closely.

Venture - Sudden Gap Down

Venture gap down -0.63 and sit on the bottom of its up channel.

Will it bounce up or break down on Monday?

City Dev - Huge Gap Up +0.51

Very strong break up and close +0.51 @ 10.39

Current trend: Up

Trading strategy: Trend following till it break

SGX - Flag Consolidation

SGX in a flag consolidation mode.

Avoid trading unless a clearer sign appear.

Singtel - Sign of Short-term Creeping Up

Some short-term movement up for Singtel.

Likely to be around 3.20 to 3.24

Current trend: Down

Trading strategy: Sell on strength

ThaiBev - Still in Up Channel

ThaiBev is still following its up channel.

Current trend: Up

Trading strategy: Trend following.  Exit when up channel broken.

STI ETF - Enjoy The 2 to 3 Weeks Upside

Thursday and Friday, even before the Trump Phase 1 deal, STI was showing sign of strength.  Now that the US and China deal had become a reality, do enjoy the new few week of upside, provided that Trumpet did not do any funny tweets.

OMG, why the world economy fate is decided by a single man.

Dow Jones - Look Positive Up By 319.92

The only President on earth that can move the stock market like a yoyo.

Trump again talk up the world market with a Phase 1 trade deal with China.

Nothing concrete, just Trumpet tweets and the world stock market just went up.

Be cautious, again, watch out for his tweets as he is an erratic (hokkien we call siao lan) person and might suddenly talk down the market.

Singtel - Range Bound

Singtel looks like range bound between 3.10 to 3.20

Current trend: Down

Trading strategy: Sell into strength

YZJ Shipping - Consolation Finishing Soon

YZJ down channel finishing soon.

Break up or down, we shall see.

Current trend: Down

Strategy: Sell on strength

Straits Trading - Strong Accumulation

Current trend = Down

Current movement = Sideways on a tight channel

Strong volume today and close at 2.09

Looks like a break up coming.

City Dev - Flag Pole Formation

How long to complete the flag pole formation and break up?

Singtel - Surprise Rebound

Singtel had a surprise rebound to close at 3.17

Resistance 1 is at 3.20, can it break?

Nikko ETF - Staying in the Descending Channel

Nikko ETF still staying inside the descending channel.

Monitor for change of short-term trend.

Dow Jones - Feel Like Being Play Out

For the past 4 days, if you were to trade according to the news, you will feel like being play out.  It take discipline to trade according to the chart.

4th Oct, DJII is now back to its first resistance at around 26750.

1st Oct  -343.79
2nd Oct  -494.42
3rd Oct  +122.42
4th Oct +372.68

Breadtalk - All The Way Down Since July 2018

Breadtalk stock price is sick since July 2018.  Seem like an endless pit.

Continue to go down since the last write up on May 2019.

AEM - Standing Tall Against The 2 Days Down

Dow had fallen nearly One Thousand points during the last 2 days and AEM is one of those strong stocks that was trying to resist the overall market falls. 

UOB - Everyone Caught By Surprise

Super volatile week, one day up, another day down to wipe out the previous day gain.

Reason:

https://www.washingtonpost.com/business/2019/10/01/trump-is-heading-into-re-election-with-deep-manufacturing-recession/

DBS - Moving Up Like OCBC

DBS moving up above its down channel like the rest of the banks.