Tuesday, October 31, 2023

Golden Argi-Res - 31 Oct 2023

What does this stock chart says?

Price is outside of the down channel.  However, price looks weak and likely to fall back and continue its downtrend.  Bearish.



Monday, October 30, 2023

Mapletree PanAsia - 30 Oct 2023

What does this stock chart says?

Can see the current down channel in play.  Bearish.  



Wednesday, October 25, 2023

Mapletree Log - 25 Oct 2023

What does this stock chart says?

Price support at current level.  Technical rebound near 1.65  



Sunday, October 22, 2023

STI - Oct 20 2023

What does this stock chart says?

Looking for good support near 3000.

Price action moving within the mini down channel.



Dow Jones - 20 Oct 2023

What does this stock chart says?

Good support near 32000.  

Falling in line accordingly to the mini down channel.



Friday, October 20, 2023

Haw Par - 20 Oct 2023

What does this stock chart says?

Long-term is down. Price within the downtrend line.  



Wednesday, October 18, 2023

DBS - 18 Oct 2023

What does this stock chart says?

Long-term trend still bullish.  Not breaking new high.  Price moving sideways despite interest still high.  Smart monies waiting for the right news to break the top structures.



Tuesday, October 17, 2023

Keppel Corp - 17 Oct 2023

What does this stock chart says?

Long-term trend is bullish, however, it cannot break higher high and is turning bearish.



Monday, October 16, 2023

Mapletree Ind - 16 Oct 2023

What does this stock chart says?

Price below 200 MA which represent bearishness.  



Sunday, October 15, 2023

Nikko STI ETF - 13 Oct 2023

What does this stock chart says?

Unexciting as keep moving sideways.  No need to talk much. :-)





S&P 500 - 13 Oct 2023

What does this stock chart says?

Long-term trend still up.  Short-term is down as it is moving inside the min-channel.  

Uptrend will be disrupted if it break the lower up channel support.



Friday, October 13, 2023

Wilmar - 13 Oct 2023

What does this stock chart says?

When the long-term trend is done, it will just continue till there is a reversal.  Any rebound is to a sell at resistance.



Thursday, October 12, 2023

ST Eng - 12 Oct 2023

What does this stock chart says?

Very bullish bar today.  Tomorrow will be decisive whether the rally can continue.  



Wednesday, October 11, 2023

Singtel - 11 Oct 2023

What does this stock chart says?

Resistance 2.58

Support 2.30

Trending slowly downwards.  




Tuesday, October 10, 2023

Mapletree PanAsia - 10 Oct 2023

What does this stock chart says?

Buyer beware, now caught in a down channel.



Monday, October 09, 2023

ThaiBev - 09 Oct 2023

What does this stock chart says?

Daily and Weekly chart in sync, downtrend continuation.



Sunday, October 08, 2023

SGX - 06 Oct 2023

What does this stock chart says?

Daily chart shown an uptrend continuation.  

Weekly chart shows that there is trend continuation too, both are in sync.  However, price is also the peak, therefore the risk and reward is not that great anymore.  Price can continue to go higher but risk is also very high for those who enter at current price.





STI ETF - 06 Oct 2023

What does this stock chart says?

The selling climate seem to be over for now.   Likely to be listless next week as market wait for clearer direction. 



Saturday, October 07, 2023

Dow Jones - 07 Oct 2023

What does this stock chart says?

Based on chart, it seem the Dow is ready for a technical rebound back to 34000.  Keep watch next week.



Friday, October 06, 2023

Mapletree Log - 06 Oct 2023

What does this stock chart says?

The daily chart looks like it was a drastic drop.  Then you look at the weekly chart and the price was sold down to support level.   If next week price does not drop further, it is likely to have a technical rebound.  



Thursday, October 05, 2023

OCBC - 05 Oct 2023

What does this stock chart says?

Struggling to go up.



Wednesday, October 04, 2023

CapLand IntCom - 04 Oct 2023

What does this stock chart says?

Price drop to a good support level.  Smart monies are taking the bad news to wacked price down.

Interesting day.



Tuesday, October 03, 2023

iFast - 03 Oct 2023

What does this stock chart says?

Price getting weaker as it was unable to break the resistance.  May retest the support at 5.00  



Sunday, October 01, 2023

Nikko STI ETF - 29 Sep 2023

What does this stock chart says?

Neither up or down.  A directionless market.  The channel will get narrower till a breakout by either the buyer or seller.  :-) 



Singapore Stock Investment Research