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