Monday, June 24, 2024

Capland Invest - 24 Jun 2024

What does this stock chart says?

Long-term downtrend.  Monitoring, do not buy.


Saturday, June 22, 2024

STI - 21 Jun 2024

What does this stock chart says?

Interstingly, STI want to remain in the high territory.  Just watching on sidelines it does not make market sense to buy at current level..


Friday, June 21, 2024

CapLand India - 21 Jun 2024

What does this stock chart says?

Very clear downtrend.  Avoid.


Wednesday, June 19, 2024

UMS - 19 Jun 2024

What does this stock chart says?

Price now at resistance level.  If break resistance with high volume, then can buy, else price will fall back to lower support.


Tuesday, June 18, 2024

CapLand China - 18 Jun 2024

What does this stock chart says?

One way down, No way home.


Thursday, June 13, 2024

Singtel - 13 Jun 2024

What does this stock chart says?

Turning bullish.  Prie outside the resistance.


Wednesday, June 12, 2024

Capland Ascott - 12 Jun 2024

What does this stock chart says?

The longer trend is down.  Have been moving sideways since 24 April 2024.


Tuesday, June 11, 2024

SGX - 11 Jun 2024

What does this stock chart says?

Uptrend no longer strong.

Key support 9.50, if broken spell further sluggishness.


Monday, June 10, 2024

CapLand IntCom - 10 Jun 2024

What does this stock chart says?

No clear trend.  Just bouncing between around 1.95 to 2.00  



Sunday, June 09, 2024

Nikko STI ETF - 07 Jun 2024

What does this stock chart says?

Nikko STI ETF - Bulls have been in control for 7 weeks.  

A trend in motion tends to be in motion till the pattern break.  

Let the market do what it intend to do.


Saturday, June 08, 2024

Dow Jones - 05 Jun 2024

What does this stock chart says?

The last sideway trend move from Oct 2022 to around Oct 2023

The UPTREND hit a stop on Mar 2024.  Now is Jun 2024 and it is still stuck in the parallel range.

Be extra cautious if it form a TRIPLE TOP.


 


Thursday, June 06, 2024

ST Eng - 06 Thu 2024

What does this stock chart says?

Uptrend Channel

Higher Low Higher High

Price Above 150 SMA

Important support price 4.05  



Wednesday, June 05, 2024

CapLand Ascendas - 05 Jun 2024

What does this stock chart says?

Price moving in the upper down channel.   Long-term price still down.


Tuesday, June 04, 2024

Wilmar - 04 Jun 2024

What does this stock chart says?

Need not say much as too obvious.


Monday, June 03, 2024

ParkwayLife Reit - 03 Jun 24

What does this stock chart says?

Long-term price is downwards.  Price looks calm for now but no clear direction yet as market wait for the FED interest rate news. 



Saturday, June 01, 2024

STI - 31 May 2024

What does this stock chart says?

23 Apr 24 - Break all time resistance

09 May 24 - Technical correction did not break down all time support line

Price action continue to be bullish as of 31 May 2024, however do note that price increase have not been that strong since 10 May 24, this is a sluggish signal.


S&P 500 - 31 May 2024

What does this stock chart says?

Strong bull run from Nov 23 to Mar 24

Apr 24 was a technical correction month.

May 24 the bull continue its run and break the spell of Sell on May and go away.

Jun 24 - bulls looks kind of weak now, not sure if it can sustain.  Let the market decide.


Thursday, May 30, 2024

Venture - 30 May 2024

What does this stock chart says?

No longer in a strong uptrend.  Presently in a mini down channel.  More sideway price movement.


Wednesday, May 29, 2024

AIMS APAC - 29 May 2024

What does this stock chart says?

Down channel.  However, it is also showing some sign of bullishness.  Have to wait and see if it can break the down channel.


Tuesday, May 28, 2024

ComfortDelGro - 28 May 2024

What does this stock chart says?

Long-term up trend not yet broken.  Will turn bearish if it does.

Current caught in a mini down channel.  Wait for price to move out of mini down channel.



Monday, May 27, 2024

Netlink NBN Trust - 27 May 24

What does this stock chart says?

Slow and steady up channel.


Sunday, May 26, 2024

STI - 24 May 24

What does this stock chart says?

Next week will determine whether STI can break its resistance of 3320.  Further sideway price bar will break the current uptrend line.  



Saturday, May 25, 2024

Dow Jones - 24 May 24

What does this stock chart says?

The uptrend is losing steam as we can see the trend going sideways.  Current market is indecisive and riskier, it is better to go into hibernation or do some profit taking.


Friday, May 24, 2024

Haw Par - 24 May 24

What does this stock chart says?

Bouncing sideways.  Range 9.60 to 9.90 since Aug 23


Thursday, May 23, 2024

Paragon Reit - 23 May 24

What does this stock chart says?

Indecision price chart.  Need to wait for break out for clear direction.


Tuesday, May 21, 2024

Keppel Corp - 21 May 24

What does this stock chart says?

If price hold around this area, it will prove as good support.


Monday, May 20, 2024

Kep Infra Trust - 20 May 24

What does this stock chart says?

Follow the down channel.   Price at lower channel support of 0.45-0.46.


Saturday, May 18, 2024

Dow Jones - 17 May 24

What does this stock chart says?

Wow, DOW have hit the historical high of 40,003.60.  Will the rally keep going?



Friday, May 17, 2024

CSE Global

What does this stock chart says?

Quite obvious right.  :-)

Price at good support.


Wednesday, May 15, 2024

Keppel Reit - 15 May 24

What does this stock chart says?

Down channel.  Need to watch the break out direction.


Monday, May 13, 2024

Raffles Medical - 13 May 2024

What does this stock chart says?

Sideway channel.  Price can go parallels for very long until a news trigger it to go either up or down.


Friday, May 10, 2024

Keppel DC Reit - 10 May 2024

What does this stock chart says?

Yet to break the upper resistance.  Can watch but cannot buy yet.


Thursday, May 09, 2024

Sheng Siong - 09 May 2024

What does this stock chart says?

Price looks like going sideway.  Current looks fine if you wish to invest for dividends.


Wednesday, May 08, 2024

Frasers Log and Com - 08 May 2024

What does this stock chart says?

Down channel with current resistance at 1.05


Tuesday, May 07, 2024

iFast - 07 May 2024

What does this stock chart says?

Follow the slowly but surely down channel.  Sell on the upper resistance, buy on the lower support.


Sunday, May 05, 2024

STI - 03 May 24

What does this stock chart says?

Interestingly, STI is in a mini up channel with a resistance near 3400.  Seem like the FED rate cut news is in play again.  Need to watch out on any change in market mood.


Saturday, May 04, 2024

S&P 500 - 04 May 25

What does this stock chart says?

It is a first good sign that the index move out of the mini down channel.  Have to wait next week for a clearer direction.


Friday, May 03, 2024

Frasers Centrepoint - 03 May 24

What does this stock chart says?

Down channel.  When price move out of upper resistance and back, it signal weakness.  Waiting for the lower support price at 2.05 is a better choice.


Thursday, May 02, 2024

OCBC - 02 May 2024

What does this stock chart says?

Uptrend channel.  Historical high.

Banks rally due to DBS exceptional result.  However, many sellers are selling at the top as we can a long-tailed candle..  The rally might not continue tomorrow.


Tuesday, April 30, 2024

Mapletree PanAsia - 30 Apr 2024

What does this stock chart says?

Price form a new resistance at a higher down channel. No trend change in sight.


Monday, April 29, 2024

UOB - 29 Arp 24

What does this stock chart says?

Mini Uptrend Channel

Using the weekly chart to see the previous resistance.  Last week long-tailed show that there are many seller.  If this week cannot break previous resistance, there is a high chance that price will move back to the lower support channel.


 


Sunday, April 28, 2024

STI - 26 Apr 24

What does this stock chart says?

Uptrend still holding after breaking resistance on 23 April 24, seem like still bullish.


Saturday, April 27, 2024

Dow Jones - 26 Apr 24

What does this stock chart says?

No clear direction yet as it start to move sideway. 


Friday, April 26, 2024

Mapletree Log - 26 Apr 24

What does this stock chart says?

Down channel.  Many resistance to break before trend can change.    



Thursday, April 25, 2024

DBS - 25 Apr 24

What does this stock chart says?

Uptrend Channel.  Momentum still ongoing, be alert for any trend change.



Wednesday, April 24, 2024

Mapletree Ind - 24 Apr 24

What does this stock chart says?

Broke upper resistance. However, the volume not that strong.  Need to monitor further.  Hopefully, not like previous, where it drop back to below the resistance.


Tuesday, April 23, 2024

CapitaLandInvest - 23 Apr 24

What does this stock chart says?

Down trend channel upper resistance hit.   Watch for trend change if it break up with high volume.


Monday, April 22, 2024

CapLand India - 22 Apr 24

What does this stock chart says?

Down Channel.  

Look like a good risk level to buy.  Sell on technical rebound.


Friday, April 19, 2024

UMS - 19 Apr 24

What does this stock chart says?

Down channel.    



Thursday, April 18, 2024

CapLand China - 18 Apr 24

What does this stock chart says?

FED higher for longer are sending Reits price down the drain.  

You need holding power if you believe that once interest rate start its downtrend, Reits will make a comeback.  Meanwhile, expect the Reits down channel to continue.


Singapore Stock Investment Research