Thursday, August 31, 2023

Singtel - 31 Aug 2023

What does this stock chart says?

Trading range 2.36 to 2.60 till the rectangle pattern is broken.



Wednesday, August 30, 2023

CapLand Ascendas - 30 Aug 2023

What does this stock chart says?

Hate this pattern as it can be up or down.  Mean you need to wait for confirmation of break out of direction.



Monday, August 28, 2023

Singpost - 28 Aug 2023

What does this stock chart says?

Unable to break upper resistance.  Need to wait for direction.



Thursday, August 24, 2023

Ascendas Reit - 24 Aug 2023

What does this stock chart says?

Not much strength to go up, every time hit upper resistance, investors start to sell.  Only when interest rate start to ease, then can Reits perform.



Tuesday, August 22, 2023

Sheng Siong - 22 Aug 2023

What does this stock chart says?

Break support, in bearish mood.   Keep away.  



Monday, August 21, 2023

AIMS APAC - 21 Aug 2023

What does this stock chart says?

Price is sluggish and in down trend.  



Sunday, August 20, 2023

STI ETF - 20 Aug 2023

What does this stock chart says?

STI have been falling for 6th day.  Now price is at it weekly support.  We may have a technical rebound this coming week.



SPDR DJIA ETF US - 20 Aug 2023

What does this stock chart says?

It is the 3rd day after Dow have break support. Weekly, it is still in an uptrend.



Friday, August 18, 2023

SGX - 18 Aug 2023

What does this stock chart says?

17 Aug 23 announce good result and up dividend but price no movement, mean market already price in.




Thursday, August 17, 2023

Suntec Reit - 17 Aug 2023

What does this stock chart says?

Continue to be trap inside the powerful downtrend.



Wednesday, August 16, 2023

SBS Transit - 16 Aug 2023

What does this stock chart says?

Follow the Down channel.  Price at upper resistance.



Tuesday, August 15, 2023

StarHill Global - 15 Aug 2023

What does this stock chart says?

Reits seem all in same trend, downwards.  



Monday, August 14, 2023

Raffles Medical - 14 Aug 2023

What does this stock chart says?

1.50 was the peak.  

Now we keep seeing lower and lower high.  

Support need to hold or price will break down.  



Friday, August 11, 2023

Sabana Reit - 11 Aug 2023

What does this stock chart says?

0.38 is a good support line.  



Monday, August 07, 2023

QAF - 07 Aug 2023

What does this stock chart says?

Avoid a down trending stock.  



Sunday, August 06, 2023

Nikko STI ETF - 04 Aug 2023

What does this stock chart says?

Price likely to stay around this level for a while waiting for direction.  



Saturday, August 05, 2023

SPDR DJIA ETF US - 04 Aug 2023

What does this stock chart says?

Dow ETF in technical correction.  It is still in bullish mode.  



Friday, August 04, 2023

ParkwayLife Reit - 04 Aug 2023

What does this stock chart says?

Overall trend is down.  If price action can stay above the 200 SMA for the next few weeks, it will turn bullish. 



Thursday, August 03, 2023

OLAM - 03 Aug 2023

What does this stock chart says?

Weekly and Daily price in negative zone.



Wednesday, August 02, 2023

Paragon Reit - 02 Aug 2023

What does this stock chart says?

Weekly chart shows support holding well.  Have potential to go higher but need to wait for a breakup.



Tuesday, August 01, 2023

OCBC - 01 Aug 2023

What does this stock chart says?

Weekly and Daily chart very bullish.  Take note that price action is at the weekly resistance, if it does not go further up, be ready for a technical correction.









Singapore Stock Investment Research