HPH Trust USD - Downtrend Since July 2017

No need to draw any lines for HPH Trust USD as the downtrend is pretty obvious.  Don't let your investment money get stuck into such Business Trust, the dividends payout are not enough to cover the long-term loss in value.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

ComfortDelGro - See Can But No Buy Please

Unless you really got spare cash and no where to put, better don't touch ComfortDelGro.  Taxi biz hard to recover even without COVID-19 with Grab and Gojek around.  Gone are the days where ComfortDelGro can raise taxi fares every few years.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

OUE Comm - Bearish Symmetrical Continuation Triangle

OUE Commercial Real Estate Investment Trust forms bearish "Symmetrical Continuation Triangle" chart pattern
Jun 26, 2020

Recognia has detected a "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on OUE Commercial Real Estate Investment Trust (TS0U:SGX-ST). This bearish signal indicates that the stock price may fall from the close of 0.395 to the range of 0.220 - 0.260. The pattern formed over 71 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: The price has broken downward out of a consolidation period, suggesting a continuation of the prior downtrend. A Symmetrical Continuation Triangle (Bearish) shows two converging trendlines as prices reach lower highs and higher lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction. Then well before the triangle reaches its apex, the price breaks down below the lower trendline with a noticeable increase in volume, confirming the pattern as a continuation of the prior downtrend.


This bearish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Avi-Tech - Bullish Bottom Triangle

Avi-Tech Electronics Ltd forms bullish "Bottom Triangle" chart pattern
Jun 26, 2020

Recognia has detected a "Bottom Triangle" chart pattern formed on Avi-Tech Electronics Ltd (BKY:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.410 to the range of 0.490 - 0.510. The pattern formed over 60 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. A Bottom Triangle shows two converging trendlines as prices reach lower highs and higher lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction. Then well before the triangle reaches its apex, the price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend.


This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Three Key Elements of Trading

The Three Key Elements of Trading to remind myself:

1) Timing

2) Risk Management

3) Emotional Control

Most traders who are consistently profiable have learned to develop a RULE-BASED approach that doesn't change.  They have continously developed a trading system that are definitive, recognizable and frequenlty recoccuring patterns that can be used to trade by a set of  trading rules.

Singapore eDev - COVID-19 in Play

2020 are COVID-19 plays, any penny health stocks that have some news of success on COVID-19 can suddenly POWER UP.    Don't be the last one holdings such stocks as many are overprice due to the hype.

Impact Biomedical Achieves COVID-19 Success with Equivir and 3F Biofragrance

SINGAPORE, June 24, 2020 - (ACN Newswire) - Singapore eDevelopment Limited's (SeD; SGX:40V) wholly owned subsidiary Impact Biomedical Inc. has announced proven in vitro success with Equivir and 3F Biofragrance against COVID-19 in independent laboratory testing. Impact Biomedical and Global Research and Discovery Group Sciences (GRDG), in independent Biosafety Level 3 containment facilities, challenged its compounds with the SARS-CoV-2 virus. Equivir proved successful as a treatment, as well as a prophylactic protecting the cells from infection by the virus. Currently, there are no COVID-19 prophylactics.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

STI - The Boiling Frog

STI resemble The Boiling Frog.  Slowly moving down without the retail investors knowing what is going to happen next.

UG Healthcare - Watch Your Stop Loss

Very shiok when you speculate on health stocks as it goes higher, watch it like a hawk to take profits as smart monies can suddenly U-Turn and it is very fast.  Use the bottom Power up bar as the trailing stop loss guide.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

ETF - Most Active in May 2020

Wilmar - COVID-19 New High

Assumption is that uptrend will resume as it continue to make higher low.  However, it had reached the profit taking zone.   Unless BB gap up from this zone, else a pull back is sure to happend.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Cromwell Reit SGD - Sell Volume Unusally High

Cromwell Reit SGD fallen to support 1 but the sell volume unusually high, are the Market Maker expecting further fallout?

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Dow Jones - 2 June 2020

iFast - Incredibly Fast

SINGAPORE (June 18): Internet-based investment products distribution platform iFAST Corporation has confirmed that it is one of the digital bank applicants to meet the eligibility criteria to progress to the next stage of assessment.

The Monetary Authority of Singapore (MAS) announced on Thursday morning that 14 of the 21 digital bank applicants have met the eligibility criteria required for the application to be considered.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

ParkwayLife Reit - Bearish Top Triangle

Parkway Life Real Estate Investment Trust forms bearish "Top Triangle" chart pattern
Jun 19, 2020

Recognia has detected a "Top Triangle" chart pattern formed on Parkway Life Real Estate Investment Trust (C2PU:SGX-ST). This bearish signal indicates that the stock price may fall from the close of 3.420 to the range of 2.100 - 2.300. The pattern formed over 87 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: The price seems to have reached a top, showing signs of reversal as it has broken downward after a period of uncertainty or consolidation. A Top Triangle shows two converging trendlines as prices reach lower highs and higher (or stable) lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction. Then well before the triangle reaches its apex, the price breaks down below the lower trendline with a noticeable increase in volume, confirming this bearish pattern as a reversal of the prior uptrend.


This bearish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Dairy Farm - Bearish Symmetrical Continuation Triangle

Dairy Farm International Holdings Ltd forms bearish "Symmetrical Continuation Triangle" chart pattern
Jun 19, 2020

Recognia has detected a "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on Dairy Farm International Holdings Ltd (D01:SGX-ST). This bearish signal indicates that the stock price may fall from the close of $4.61 to the range of $3.70 - $3.90. The pattern formed over 16 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: The price has broken downward out of a consolidation period, suggesting a continuation of the prior downtrend. A Symmetrical Continuation Triangle (Bearish) shows two converging trendlines as prices reach lower highs and higher lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction. Then well before the triangle reaches its apex, the price breaks down below the lower trendline with a noticeable increase in volume, confirming the pattern as a continuation of the prior downtrend.

This bearish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Clearbridge Health Ltd - Bullish Continuation Wedge

Clearbridge Health Ltd forms bullish "Continuation Wedge" chart pattern
Jun 19, 2020\

Recognia has detected a "Continuation Wedge (Bullish)" chart pattern formed on Clearbridge Health Ltd (1H3:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.195 to the range of 0.230 - 0.240. The pattern formed over 27 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: After a temporary interruption, the prior uptrend is set to continue. A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper trendline signals a continuation of the prior uptrend.


This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

STI - Week Ended 19 June 2020

Market moving sideways since the 11 June 2020 big bearish bar which ended the 8 days of uptrend.  Assumption that it will continue its sideways trend next week.

Boustead Project - Bearish Double Top

A "Double Top" chart pattern formed on Boustead Projects Ltd (AVM:SGX-ST). This bearish signal indicates that the stock price may fall from the close of 0.76 to the range of 0.68 - 0.69.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

GKE - Bullish Symmetrical Continuation Triangle

A "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on GKE Corp Ltd (595:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.073 to the range of 0.078 - 0.080.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Rex Intl - Middle of Supply and Demand Zone

Trade with care.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Hi-P - Bearish Double Top

A "Double Top" chart pattern formed on Hi-P International Ltd (H17:SGX-ST). This bearish signal indicates that the stock price may fall from the close of 1.07 to the range of 0.94 - 0.96.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

STI - Start of a New Downtrend

The price action today had clearly shown that the previous 9 days rally had ended.  The 3rd down bar confirm that SG stocks are going down.  Be prepared to go shorts till the price action again tells us to go long.

Yanlord Land - Uptrend Stock

Yanlord records 18.92b yuan in property presales for first 5 months of 2020

FRI, JUN 12, 2020 - 5:50 AM

Singapore

CHINESE property developer Yanlord Land Group recorded 18.92 billion yuan (S$3.71 billion) in total contracted presales from residential units, commercial units and car parks for the first five months of the year, a 68.4 per cent increase over last year, it said in a bourse.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

jonchew38 - What transformed your trading

What transformed your trading? What gave you an edge where after learning it or discovering that eureka moment, you started to make money trading?

For me, it was learning how to read price action / volume. That was my eureka moment that transformed my trading. If one knows how to tell a story by reading price action, one can easily make a living trading. You see, like many, I started out first following indicators and when indicators did not work as well, I gave several excuses to the point that I thought I have not mastered how to read indicators. All those while, I have ignored the most fundamental aspect of TA - all indicators derive their figures from the basic price bar or candle - open, high, low and close. After I realized this, I started learning price action and volume analysis in earnest. There is a lot of information there and all that is needed and nowadays, I do not need anything other than a price candle chart with volume.

This is best illustrated by an example. If one sees a large red candle showing a large sell off and on high volume, the inclination is to conclude that price action is extremely bearish. However, there are several ways this may pan out. If the next candle is a small range one, closing neutral and on high volume, what does the 2 candles tell you?

This are the possible scenarios:
1. Very bearish, resting day and potentially continue to sell off from here
2. Bullish, the high volume suggests that there are also bulls resisting the bears and hence the high volume. The second candle shows that the buying and selling pressure are about equal but if the scenario is supposed to be bearish, we should expect another wide range red candle on heavy to moderate volume. Why is this not happening? is there absorption happening and the smart monies are taking advantage of a bearish news to buy on the cheap?

On scenario 1 above, one would sell. On scenario 2, one would await an opportune time to buy.

So you see, there are many ways to interpret price action and one can see cues from the price action. And this is how it has transformed my trading - by looking at the overall context of the market - I can identify if the market is in an absorption phrase, preparing for the next swing higher or if a sell off is genuine and I should short instead of buy. (since then, I have stop looking at all the common indicators like RSI,MACD etc. I found that the big boys use those to game the retail players)

So what is your transformation moment? Share here for everyone's benefit.

SRS Retirement Fund - Previous Portfolio

This portfolio sample is from https://srsfund.blogspot.com/  , good to learn from others on what they are investing.

I will share with readers again when I next construct my portfolio and I will once again target REITs or stocks that are less affected by the longer term implications of Covid-19. 

I find the REIT sector here most developed, followed by, surprisingly, manufacturing companies that are exposed to the technology sectors, technology-related companies and perhaps the banks in financial sectors. I will likely avoid pure retail or telco or SGX (industry headwinds), mining, oil & gas, airline and transportation counters or hospitality related REITs or hotels.  

Wall Street - 12 June 2020

Hong Leong Asia - Bearish Continuation Wedge

A "Continuation Wedge (Bearish)" chart pattern formed on Hong Leong Asia Ltd (H22:SGX-ST). This bearish signal indicates that the stock price may fall from the close of 0.51 to the range of 0.45 - 0.47.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

STI - Bull Fight Back on Friday

STI today is a good sign as the bull had a good fight back.  Although it did not managed to close higher, at least the bull had lessen the day loss.  Next week fight will be critical.

Hang Seng Index - Short-Term Sell

STI - The Bear Strike Back

After ten bullish days, finally the bear strike back.  If the bear wins again tomorrow, then the downtrend is confirmed.

Sembcorp Marine - Downtrend Very Obvious

Downtrend too obvious, everytime it gain strength, look for bearish bar and short.

UnUsUal - Bearish Diamond Top

A "Diamond Top" chart pattern formed on UnUsUaL Ltd (1D1:SGX-ST). This bearish signal indicates that the stock price may fall from the close of 0.139 to the range of 0.11 - 0.12.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SembCorp Ind - Bullish after Delink from Sembmarine

SingMedical - Bullish Bottom Triangle

A "Bottom Triangle" chart pattern formed on Singapore Medical Group Ltd (5OT:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.25 to the range of 0.34 - 0.36.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

UIC - Bullish Megaphone Bottom

A "Megaphone Bottom" chart pattern formed on United Industrial Corp Ltd (U06:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 2.370 to the range of 2.52 - 2.55.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

ESR Reit - Bullish Bottom Triangle

A "Bottom Triangle" chart pattern formed on ESR-REIT (J91U:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.44 to the range of 0.52 - 0.54.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Accordia Golf Trust - Bullish Bottom Triangle

 A "Bottom Triangle" chart pattern formed on Accordia Golf Trust (ADQU:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.61 to the range of 0.74 - 0.76.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Singapore O&G - Bullish Bottom Triangle

A "Bottom Triangle" chart pattern formed on Singapore O&G Ltd (1D8:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.215 to the range of 0.27 - 0.28.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

NASDAQ - 8 June 2020

AEM - Bullish Symmetrical Continuation Triangle

A"Symmetrical Continuation Triangle (Bullish)" chart pattern formed on AEM Holdings Ltd (AWX:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 3.270 to the range of 3.600 - 3.700.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Moya Dayen - Bearish Top Triangle

A "Top Triangle" chart pattern formed on Moya Dayen Ltd (5WE:SGX-ST). This bearish signal indicates that the stock price may fall from the close of 0.064 to 0.040.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Fear and Greed - Greed is Increasing

Take some profits if you can.  Once hit Extreme, sell more into cash.

ST Eng - Bullish Double Bottom

A "Double Bottom" chart pattern formed on Singapore Technologies Engineering Ltd (S63:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 3.53 to the range of 3.80 -3.90.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SBS Transit - Bullish Double Bottom

A "Double Bottom" chart pattern formed on SBS Transit Ltd (S61:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 3.17 to the range of 3.50 - 3.60.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

PropNex - Bullish Diamond Bottom

A "Diamond Bottom" chart pattern formed on PropNex Ltd (OYY:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.545 to the range of 0.60 - 0.65.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Sunningdale Tech - Bullish Bottom Triangle

A "Bottom Triangle" chart pattern formed on Sunningdale Tech Ltd (BHQ:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 1.07 to the range of 1.21 - 1.25.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Be The Pro Traders

SIA Eng - Bullish Double Bottom

A "Double Bottom" chart pattern formed on SIA Engineering Co Ltd (S59:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 2.02 to the range of 2.200 - 2.260.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Straits Trading - Bullish Bottom Triangle

A "Bottom Triangle" chart pattern formed on Straits Trading Co Ltd (S20:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 1.580 to the range of 1.780 - 1.820.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Venture - Bullish Double Bottom

A "Double Bottom" chart pattern formed on Venture Corp Ltd (V03:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 16.46 to the range of 17.200 - 17.400.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Fear and Greed Index - Sign of Greed

As the market maker push the market up and up, FOMO stepping in as the sign of greed starting to appear among retail investors.

SATS - Bullish Bottom Triangle

A "Bottom Triangle" chart pattern formed on SATS Ltd (S58:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 2.850 to the range of 3.500 - 3.80.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.