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.


Singapore Stock Investment Research