CSE Global - 30 Jun 2023

What does this stock chart says?

Hit resistance on 11th day of upside.   Next week likely to be technical correct to around 0.375

ESR Reit - 28 Jun 2023

What does this stock chart says?

0.34 is the 1st resistance.  If can break higher, good chance to continue climbing.  

ComfortDelGro - 28 Jun 2023

What does this stock chart says?

Expecting some profit taking as price near its 1st resistance.

Frasers Log and Com - 27 Jun 2023

What does this stock chart says?

No clear direction, moving up and down channel as it gets narrower.

CapitaLandInvest - 26 Jun 2023

What does this stock chart says?

Trend is pointing downwards.  Price very near to lower support, if it holds, likely to get a technical rebound.  

Dow Jones - 23 Jun 2023

What does this stock chart says?

DJII still in an uptrend even though it is in a technical correction.

If sentiment remains bearish, it may further falls to the lower support if it failed the technical rebound next week.

Wilmar - 23 Jun 2023

What does this stock chart says?

Price still moving according to the upper down line of the descending triangle.  

Keppel Corp - 22 Jun 2023

What does this stock chart says?

2nd day after the EMA news for energy price which cause a gap down.  Seem like price is still bullish as it did not break its uptrend line.

Great Eastern - 21 Jun 2023

What does this stock chart says?

Oversea-Chinese Banking Corporation (OCBC) has purchased an additional 2,345,800 shares at Great Eastern Holdings, at a total cash consideration of S$39.9m.

In an SGX filing, OCBC said that the shares were priced at S$16.99 each.

OCBC now owns 88.4% of Great Eastern’s total shares, from 87.9% previously.

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2nd day after OCBC buys, long-term price still in down channel.  

SembCorp Ind - 20 Jun 2023

What does this stock chart says?

The Newa:

THE Energy Market Authority (EMA) will introduce a temporary price cap on wholesale electricity prices to prevent huge swings in electricity prices.

The cap, which will take effect from Jul 1, will be calculated using a formula that includes the long-run marginal cost of generation capacity, EMA said in a paper published on its website on Friday (Jun 16).

The move from EMA comes as Singapore households and businesses face sky-high electricity costs amid the global energy crisis due to the Russia-Ukraine...

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The heavy selling looks real from the chart volume.  It will continue its downtrend if tomorrow the price cannot rebound back.  Likely the start of a trend change.

Wilmar - 19 Jun 2023

What does this stock chart says?

If by end of the week cannot power up strongly with strong volume, will go into technical correction, back to lower support. 

Nikko STI ETF - 16 Jun 2023

What does this stock chart says?

Nikko STI is near resistance of 3.42.  If next week failed to move up strongly with high volume, it will go for a technical correction.    

Dow Jones - 16 Jun 2023

What does this stock chart says?

Expecting a technical correction next week if it cannot power up strongly as Dow is at resistance level.

Monday 19 June 2023 is a holiday in US so no trading.  

Frasers Centrepoint - 16 Jun 2023

What does this stock chart says?

Weekly and daily look rather bullish.  Weekly upline seems to be holding.  Good buy during technical correction.  

No Need To Buy Leow

TGIF humor,  think I sometime like that too !  ;-)

 

Vicom - 15 Jun 2023

What does this stock chart says?

Daily and Weekly chart are in downtrend.  Don't buy.

Far East HTrust - 14 Jun 2023

What does this stock chart says?

Stagnant with strong resistance at 0.69  

Venture - 13 Jun 2023

What does this stock chart says?

Downtrend in motion.  

ESR Reit - 09 Jun 2023

What does this stock chart says?

Downtrend still in progress.  

UOB - 08 Jun 2023

What does this stock chart says?

Medium-term still uptrend although short-term is in a down channel.  If Fed interest rate again, then Banks may turn bullish again as market expect Fed won't raise interest rate for now.  

Daiwa Hse Log Trust - 07 Jun 2023

What does this stock chart says?

Looking slightly bullish.  

UMS - 06 Jun 2023

What does this stock chart says?

Still in a down channel.  Sell on technical rebound to upper resistance 1.10

CDL HTrust - 05 Jun 2023

What does this stock chart says?

All the opening good news are out.  Not much news left to push further.  Going sideways.  

STI ETF - 01 Jun 2023

What does this stock chart says?

Likely to see a technical rebound this coming week as Dow power up by 700 points.  Furthermore, most of the bad news happened in the Sell in May and go away month.  

Dow Jones - 02 Jun 2023

What does this stock chart says?

Is sell in May and go away overcome?  Seem to be a good start on 02 Jun 23 as the Dow power as much as 700 points.  If next week continue to power up, we are in a mini bullish June 2023.

ST Eng - 01 Jun 2023

What does this stock chart says?

Unable to break 3.80 which is a hard resistance.  Now in technical correction.