Tuesday, January 31, 2023

Sing Inv & Fin - 31 Jan 2023

What does this stock chart says?

Price range bound.  So far, unable to break up resistance of 1.55



Monday, January 30, 2023

OUE Comm - 30 Jan 2023

What does this stock chart says?

Intermediate-term bullish. Price is above the downtrend channel.


 


Sunday, January 29, 2023

Fear and Greed - 27 Jan 2023

Me staying sidelines as market enter the GREED mode.

If itchy finger, will trade small amount as most price are at resistance zone.  

Remember, market can stay on the Greed mode longer than you think.



Saturday, January 28, 2023

Dow and STI 27 Jan 2023

What does this stock chart says?

Price is at the resistance zone, which mean the risk is higher now unless there is a strong breakout above the resistance.  


STI resemble the Dow where price is at resistance zone.  Buyers now have higher risk unless there is a strong break up where it will face the double top resistance again at 3450.





Friday, January 27, 2023

Sheng Siong - 27 Jan 2023

What does this stock chart says?

Quite clear Sheng Siong is in an uptrend, however, the pace is very slow.

The current price level is nearing the previous pandemic height of 1.80.  

My own conclusion is unwise for me to buy at current level as Market Maker are more likely to slowly unload rather than accumulate at this level.  

Reminding myself that Market Maker like to buy low and sell high and their distribution can take as long as they like.  



Thursday, January 26, 2023

Netlink NBN Trust - 26 Jan 2023

What does this stock chart says?

As inflation data ease, market is expecting FED interest rate hike to ease too.  

Medium-term, Reits and Biz trust are in favor again based on their technical chart as we are seeing higher low and higher high.



Wednesday, January 25, 2023

SGX - 25 Jan 2023

What does this stock chart says?

Medium-term is bullish.
 
Continue to move up via the mini channel.



Friday, January 20, 2023

Mapletree PanAsia - 20 Jan 2023

What does this stock chart says?

China opening up continue to favor Mapletree Pan Asia.

If break resistance, it will be very bullish.  



Thursday, January 19, 2023

SBS Transit - 19 Jan 2023

What does this stock chart says?

Long-term downtrend.

Price at a good support level but does not mean will not fall further.

It is a good point of support to buy some.



Wednesday, January 18, 2023

Mapletree Log - 18 Jan 2023

What does this stock chart says?

Hitting resistance.  Unless there is strong break up, price will go sideways or back to lower support.  



Tuesday, January 17, 2023

Raffles Medical - 17 Jan 2023

What does this stock chart says?

Beware of resistance zone, wait for breakout confirmation.  



Monday, January 16, 2023

Mapletree Ind - 16 Jan 2023

What does this stock chart says?

Systematic triangle pattern, no clear direction yet.



Saturday, January 14, 2023

Dow Jones STI - 13 Jan 2023

What does this stock chart says?

DJII is at the TOP, 35000 resistance is nearing.  Now is a high risk zone.  Of course, high can still go higher.



STI the right side chart looks bullish.  Take note that 9 Jan 2023, break out was not successful.  3300 remains a strong resistance.  What cannot goes up, likely will break down.  Anyway, market can do the unexpected but the risk is higher now.

Based on the DJII and STI, it for me to keep out unless there is a strong break UP.





Friday, January 13, 2023

QAF - 13 Jan 2023

What does this stock chart says?

Price reaching the end of the triangle.  Wait for the breakout direction.  



Thursday, January 12, 2023

Lendlease Reit - 12 Jan 2022

What does this stock chart says?

Moving along the downtrend line.  



Wednesday, January 11, 2023

PropNex - 11 Jan 2023

What does this stock chart says?

Upper channel of downtrend channel.  Avoid.  



Tuesday, January 10, 2023

Keppel DC Reit - 10 Jan 2023

What does this stock chart says?

Still seeing a downtrend insight.  Staying away.  



Monday, January 09, 2023

OLAM Group - 09 Jan 2023

What does this stock chart says?

Mini uptrend in motion but near resistance.  If cannot break previous double top resistance, will become triple resistance.

Good news is that market seems to be bullish recently.  





Friday, January 06, 2023

KepPacOakReit - 06 Jan 2023

What does this stock chart says?

Super long-term downtrend.  



Thursday, January 05, 2023

OCBC - 05 Jan 2023

What does this stock chart says?

Banking sector continue to be bullish due to the interest rate hike. 

So far, OCBC has still yet to break from its previous resistance.  Be extra careful at these high level.   



Wednesday, January 04, 2023

iReit Global - 04 Jan 2023

What does this stock chart says?

Long-term trend is down.

Short-term trend is up.

If it continue to move higher low and higher high, then long-term can turn bullish.



Tuesday, January 03, 2023

Micro-Mechanics - 03 Jan 23

What does this stock chart says?

Long-term downtrend.  



Monday, January 02, 2023

Lion OSPL China Leaders ETF - 30 Dec 2022

What does this stock chart says?

So far so good, with China opening up, Hong Kong market trend is getting bullish.  

China opening up with COVID-19 is similar to India, messy but give them 6 to 9 months, things will  return to normal.   



Sunday, January 01, 2023

STI - 30 Dec 2022

What does this stock chart says?

Long-term trend is down.  

Current trend is moving sideways.  

STI seems to be holding well due to the 3 big banks which benefited from the continue interest rate hike.  



Singapore Stock Investment Research