Saturday, August 31, 2024

STI - 30 Aug 2024

What does this stock chart says?

Uptrend Channel

Higher Low Higher High

Price Above 200 SMA

STI continue to rally on the news of FED September interest rate cuts.  



Friday, August 30, 2024

CapLand India - 30 Aug 2024

What does this stock chart says?
 
The FED Sep rate cutting news have been good for REITS excluding China REITS.  

Technically, you should enjoy the ride as long as the favourable news continue, and keep your trailing stop loss in sight.


Thursday, August 29, 2024

UMS - 29 Aug 2024

What does this stock chart says?

Price at a good support line where chance of a technical rebound is good.


Wednesday, August 28, 2024

CapitaR China - 28 Aug 2024

What does this stock chart says?

Lower Low and Low High

Price need to stay above long-term downtrend before it can overturn the down channel.


Saturday, August 24, 2024

STI - 23 Aug 24

What does this stock chart says?

Mini Down Channel

Price Above 200 SMA

Hate the resistance.  If it cannot move out, it will just bounce up and down the mini down channel till a break up or down.   Next week likely to remain sluggish sideways movement.


Thursday, August 22, 2024

Singtel - 22 Aug 2024

What does this stock chart says?

Price Above 200 SMA

Long-tail form today as it approch the resistance channel.  Watch for any break up or down direction.



Wednesday, August 21, 2024

Capland Ascott - 21 Aug 2024

What does this stock chart says?

Downtrend Channel

Lower Low Lower High

Price below 200 SMA

0.85 is a strong support line, unless it annouce some really drastic news, it is likely to hold or rebound.


Tuesday, August 20, 2024

SGX - 20 Aug 2024

What does this stock chart says?

Uptrend Channel

Higher Low Higher High

Price Above 200 SMA

10.55 is a major resistance, it need to continue with high volume in order to press on with the uptrend.


Thursday, August 15, 2024

CapLand IntCom Trust - 15 Aug 2024

What does this stock chart says?

Uptrend Channel

Price Above 200 SMA

Watch out for the bearish Head and Shoulder reversal.


Wednesday, August 14, 2024

ST Eng - 14 Aug 2024

What does this stock chart says?

After the recent the fall, uptrend still intact.  

Uptrend Channel

Higher Low Higher High

Price Above 200 SMA



Tuesday, August 13, 2024

CapLand Ascendas - 13 Aug 2024

What does this stock chart says?

If price keep holding at support, good chance of further rise.


Monday, August 12, 2024

UOI - 12 Aug 2024

What does this stock chart says?

Uptrend.  7.00 is the support that need to be watched, if broken, it is the end of the uptrend.



Friday, August 09, 2024

STI - 08 Aug 2024

What does this stock chart says?

2 Aug - Break of long-term uptrend

5 Aug - Gap down further which indicate a change of view by Market Maker from bullish to bearish.

STI will remain bearish as long as it stay below the 3300 level.


Thursday, August 08, 2024

ParkwayLife Reit - 08 Aug 2024

What does this stock chart says?

Parkway Life looking bullish if it keep staying above the support line.


Wednesday, August 07, 2024

Wilmar - 07 Aug 2024

What does this stock chart says?

Weekly chart shows that Wilmar is trap in a very long downtrend.


Tuesday, August 06, 2024

AIMS APAC - 06 Aug 2024

What does this stock chart says?

Price falling right into support.   High chance of technical rebound back to resistance.


Saturday, August 03, 2024

STI - 02 Aug 2024

What does this stock chart says?

Price falling insde the weekly up channel and also an important support.

Getting many bearish signal as shown on below.


Many Bearish Signal




Thursday, August 01, 2024

Venture - 01 Aug 2024

What does this stock chart says?

Continue to move bullishy.


Singapore Stock Investment Research