Useful Trading Flowchart

Keppel Corp - Up By Major Restructuring

Keppel Corporation went up today due to the newspaper announcement that it is doing a major restructuring.  Smart monies have been accumulating the last 2 days as they have advance information.  There is a previous gap down zone where many traders are trap around 4.90.

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.

Vicplas - Gap Down By Dividend

Vicplas International reported good result but company decided to half its dividend payout and it was gap down.  The gap down area become a very strong seller zone.  Anymore more bad news and the bears are going to take the opportunity to break the double bottom.

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.

Boustead SP - Downtrend Since July 2017

Boustead Singapore unable to breakaway from its downtrend line that begin in July 2017.

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.

Ho Bee Land - Mini Rally Resistance

Ho Bee Land mini rally now at resistance line.  Long-term downtrend remain unchanged.

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 ETF vs Lion Philip S-Reit ETF

STI ETF perform badly against the LION PHILIP S-REIT ETF.  

The LION PHILIP S-REIT ETF appear flat but at least it is not in an endless downtrend.

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.

City Dev - Long-Term Downtrend Remains

City Dev had been unable to climb out of its downtrend line since the coronavirus crash.  

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.

OCBC - Same Fate as DBS and UOB

OCBC share the same fate as DBS and UOB.  Stuck in a downtrend since the coronavirus crash.

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.

UOB - COVID-19 Downtrend Still Intact

UOB share price crash during the COVID-19 economy shutdown.  Price managed to rebound 60 percent with 4 bullish bar on 8, 9. 10 and 11 June 2020.  The previous sellers zone where many UOB investors are trap seem too strong to crack.  After that, the downtrend slowly continues as price was unable to break the strong bearish downtrend line.

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.

DBS - Going Down Since 9 Jun 2020

DBS following the banks shares sell off of HSBC and Standard Chartered of Hong Kong due to suspicious illegal activities.

Many fundamental investor still love DBS.  However, just based on chart reading, only 4 bars on 8, 9, 10, and 11 June tried to cover the previous sell off gap but fails.  After that DBS had been trending down slowly.

Watch out for the critical support line, once it failed, it is going to be ugly.

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.

Powermatic Data - Price at Support Line

Powermatic Data support line seems strong.  Tech related stocks all now in hibernation following US Tech correction.

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 ETF versus NikkoAM STC Asia Reit

NikkoAM STC Asia Reit perform slightly better than dollar cost averaging the STI ETF.  Time to change your monthly regular investment plan.  :-)

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.

RH Petrogas Ltd - Bullish Bottom Triangle

RH Petrogas Ltd forms bullish "Bottom Triangle" chart pattern
Sep 18, 2020

Trading Central has detected a "Bottom Triangle" chart pattern formed on RH Petrogas Ltd (T13:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.028 to the range of 0.060 - 0.070. 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 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.

Net Pacific - Bearish Symmetrical Continuation Triangle

Net Pacific Financial Holdings Ltd forms bearish "Symmetrical Continuation Triangle" chart pattern
Sep 18, 2020

Trading Central has detected a "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on Net Pacific Financial Holdings Ltd (5QY:SGX-ST). This bearish signal indicates that the stock price may fall from the close of 0.020 to the range of 0.010 - 0.010. The pattern formed over 23 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.

SGX - Very Bullish Breakout

SGX had a very high volume bullish bar today.  If the bullish continue next week, very likely we can see the next target at $10.  

However, take note that the previous gap down are full of SELLERS who are trap in that BIG ZONE and the smart money will either power up with another 2 BIG BULLISH BAR or the price continue to go sideways without covering the SELLER GAP.  Next week will be very interesting to see what the smart money going to do. 

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.

Wilmar - China Listing Play Short-Lived

Wilmar this morning got a good run up for its China IPO nod.  However, price did not managed to cover the previous gap down.  By the end of the day, a bearish bar was form.  Likely to go sideways for now unless there are further good news.

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.

Keppel DC Reit - Buy Signal Generated

Keppel DC Reit breakout above the continuous bullish flag.  It is a technical buy signal.  Place your stop loss below the lower point of the continuous bullish flag.

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.

Ascendas Reit - When Will The Pull Back Stop

Bar 1 - Bearish bar with heavy volume

Bar 2 - Another bearish bar but volume reduced by around half

Bar 8 - Price goes down below uptrend line

Bar 12 - Smart monies confirm want to push price downwards

After that, smart monies just continue to push Ascendas Reit price down following the upper down line.

Up till down, I still consider this a pull back but a long one.  A-Reit trader are waiting sideline for a strong push above the upper line (buy on resistance breakout) or a strong push down the lower line (shorts on support breakout).

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.

CNMC Goldmine - Bullish Continuation Wedge

CNMC Goldmine Holdings Ltd forms bullish "Continuation Wedge" chart pattern
Sep 15, 2020

Trading Central has detected a "Continuation Wedge (Bullish)" chart pattern formed on CNMC Goldmine Holdings Ltd (5TP:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.290 to the range of 0.380 - 0.400. 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.

Low Keng Huat - Big Volume Buying

Low Keng Huat big volume buying.  Maybe the owner buying or rival?

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.

Prime US REIT - Bullish Diamond Bottom

Prime US REIT forms bullish "Diamond Bottom" chart pattern
Sep 14, 2020

Trading Central has detected a "Diamond Bottom" chart pattern formed on Prime US REIT (OXMU:SGX-ST). This bullish signal indicates that the stock price may rise from the close of $0.81 to the range of $0.86 - $0.88. The pattern formed over 38 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. The Diamond Bottom pattern begins during a downtrend as prices create higher highs and lower lows in a broadening pattern. Then the trading range gradually narrows after the highs peak and the lows start trending upward. When the price breaks upward out of the diamonds boundary lines, it marks a significant reversal to a new 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.

Mapletree Log - Mini Pull Back Might Be Ending

Mapletree Log got some strength in volume, is the mini pull back ending?

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.

Intraco - Volume and Price Increase Alert

Intraco moving up along the uptrend line. 

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 - OMG STI Under Perform Since May 2018

If you are sway sway an index fund investor of STI ETF on May 2018, then you are still bleeding till today in May 2020.

STI have under perform since May 2018 which is already more than 2 years.

Every since the May 2018 double top was form, STI have been moving sideways for about 1 1/2 years.  Then the COVID-19 crash came in hard on Feb 2020 and it lau sia for a month and then mange to recover around 60 percent around Jun 2020.  From Jun 2020 till Sep 2020, it is still trending down and look rather sick.

Over the years, Singapore have not nurture any outstanding Tech companies, all we have are Tech support companies often known as contract manufacturer.  It is no more great to be a buy and hold investors for SG companies.

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.

Dukang - Downtrend Since Jan 2017

Got a high volume alert on this PRC company so I just see see look look at the chart.  Some speculative buys by big players, anyway PRC company better don't touch.

“Dukang”  is a well-established national brand name with a rich cultural heritage focusing on the mid to high-end baijiu market in the PRC. With its extensive range of affordably priced products, the Group’s “Siwu” brand targets the mass to mid-end baijiu market and has an established consumer base in Henan Province. The Group’s products are sold through distributors mainly to hospitality establishments, supermarkets and specialty stores selling tobacco and alcohol products in the PRC. With the completion of the acquisition of Luoyang Dukang in May 2010, the Group has increased its production capacity significantly, as well as strengthened its market position and competitive edge in Henan Province and in the PRC’s baijiu industry. “

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.

Mandarin Oriental - Bullish Ascending Continuation Triangle

Mandarin Oriental International Ltd forms bullish "Ascending Continuation Triangle" chart pattern
Sep 10, 2020

Trading Central has detected an "Ascending Continuation Triangle" chart pattern formed on Mandarin Oriental International Ltd (M04:SGX-ST). This bullish signal indicates that the stock price may rise from the close of $1.75 to the range of $1.95 - $1.99. The pattern formed over 17 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 increasingly higher lows and constant highs within this pattern tell us that buyers are more aggressive than sellers, confirmed by a breakout through a resistance level to signal a continuation of the prior uptrend. An Ascending Triangle, with its increasingly higher lows and constant highs, indicates that buyers are more aggressive than sellers. The pattern typically forms because a supply of shares is available at a certain price, represented by the upper flat line. When the supply depletes, the shares quickly break out from the top trendline and move higher.


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 ETF vs Venture

Venture belong to one of the 30 STI components stock. Investors who cherry pick Venture against STI ETF make money while those invested in STI ETF lose money.

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.

Singtel - Sink To Tell You Not To Buy

Singtel already Sink to Tell you not to buy.  Its started sinking since July 2017 (more than 3 years already) and is very likely to continue sinking even with 5G as it had no pricing power.

Reason:

1) Telco market too competitive as too many players such as TPG $10 for 50GB data etc.
2) Last time can earn from SMS, IDD but now people use WhatApps, Viber etc.

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.

Wilmar - Further Down It Goes

On 20 August 2020 wrote that Wilmar gap down signal a change of trend by the market maker.

https://sgstocklink.blogspot.com/2020/08/wilmar-power-gap-down-today.html

Indeed today, it went down further towards the next support at 4.10.  Always pay attention to the smart monies direction.  Never go against them.

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.

First Reit - First To Lose Money

First Reit downtrend started on Jan 2018 and its already more than 2 years.  If you want to invest in reits, care to go for reits with good brand parents like Capitaland, Frasers and Mapletree.

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.

Lippo Malls - Worst Than Fixed Deposits

Lippo Malls belong to the worst performance reits category.  Downtrend started since July 2017.  Earnings per units keep dropping and long-term investors will end up worst than putting money in any low interest fixed deposits.

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.

Global Invacom Group - Bearish Diamond Top

Global Invacom Group Ltd forms bearish "Diamond Top" chart pattern
Sep 07, 2020

Trading Central has detected a "Diamond Top" chart pattern formed on Global Invacom Group Ltd (QS9:SGX-ST). This bearish signal indicates that the stock price may fall from the close of 0.096 to the range of 0.060 - 0.070. The pattern formed over 51 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. The Diamond Top pattern begins during an uptrend as prices create higher highs and lower lows in a broadening pattern. Then the trading range gradually narrows after the highs peak and the lows start trending upward. When the price breaks downward out of the diamonds boundary lines, it marks a significant reversal to a new 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.

QAF - Price Maintain Above Its Gap Up

QAF share price still maintain above the gap up on 11 Aug 2020.  Potential for further upside.

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.

Challenger - Share Price is Flat

Challenger sells IT products, its physical store and online business hachi tech is at risk with other online platforms like shoppee, lazada and qoo10

Challenger company statement.

Mostly likely Challenger share price will remain flat like its business.

Challenger dividends yields going down after 2018.

2018 is their best year.

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 ETF vs GOLD ETF

GOLD ETF outperform STI ETF although its not a good comparison as GOLD usually has an inverse relationship with stocks.  So far, comparison of STI index had UNDER perform against DOW and S&P 500.

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.

First Ship Lease Trust - Bearish Top Triangle

First Ship Lease Trust forms bearish "Top Triangle" chart pattern
Sep 04, 2020

Trading Central has detected a "Top Triangle" chart pattern formed on First Ship Lease Trust (D8DU:SGX-ST). This bearish signal indicates that the stock price may fall from the close of 0.071 to the range of 0.040 - 0.040. The pattern formed over 88 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.

Hyphens Pharma - Bullish Continuation Wedge

Hyphens Pharma International Ltd forms bullish "Continuation Wedge" chart pattern
Sep 03, 2020

Trading Central has detected a "Continuation Wedge (Bullish)" chart pattern formed on Hyphens Pharma International Ltd (1J5:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.420 to the range of 0.550 - 0.590. The pattern formed over 15 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.

Ascendas Reit - Buy At First Support

Trade details are as follows:

Order Type:            Buy

Symbol:                A17U

Name:                ASCENDAS REIT

Quantity:            2,000

Quantity Filled:        2,000

Quantity Left:            0

Settlement Mode:        Cash Upfront

Price Filled:            3.29

Time Filled:            03 SEP 2020 14:40

Transaction Value

Total Contract ValueSGD 6,580.00

CommissionSGD 10.00

Clearing FeeSGD 2.14

SGX Trading FeeSGD 0.49

GSTSGD 0.88

Total Commission & FeesSGD 13.51

Indicative Total ProceedSGD 6,593.51

Current price higher than its Net Asset Value per unit, so further capital appreciation might be range bound.

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.

Keppel DC Reit - Bullish Continuous Flag

Singapore no good tech stocks but got good tech data center like Keppel DC Reit.  The company DPU growth is steady like its share price.

Good performance.

Based on today close price, dividend yield is less than 3%, if compare with other reits, yield is pretty low, capital gain might be limited too.

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.

Raffles Edu - Is Oei Hong Leong Making a Move

Not sure what good Oei Hong Leong see in Raffles Education shares.  The company income is not stable although it managed to trend up by the power of money.

https://www.businesstimes.com.sg/companies-markets/oei-hong-leong-renews-request-for-raffles-education-egm-cites-cad-complaint

Oei Hong Leong got large interest in Raffles Education

Raffles Education Net Income not stable.

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.