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.


Singapore Stock Investment Research