Pan United - 04 Feb 2025

Price Action & Volume Analysis for PANUNITED (SGX)

Stock Price: 0.645 SGD (+3.20%)

1️⃣ Trend Analysis:

• Overall Trend: Bullish – The price has been in an uptrend since early 2024, making higher highs and higher lows consistently.
• Breakout Confirmation: The recent price surge past 0.600 SGD shows strong bullish momentum.
• Moving Averages (Implied): The blue line suggests a dynamic support level, reinforcing the uptrend.

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2️⃣ Key Support & Resistance Levels:

• Support Levels:

  • 0.535 SGD (Recent pullback base)
  • 0.515 SGD (Volume-supported demand zone)
  • 0.450 SGD (Historical consolidation zone)

• Resistance Levels:

  • 0.655 SGD (Immediate resistance, potential breakout level)
  • 0.675-0.700 SGD (Next target if momentum holds)

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3️⃣ Price Patterns & Candlestick Formations:

Significant Patterns Identified:

✅ Breakout Structure:

• The stock has been forming ascending support levels, leading to an explosive breakout past 0.600 SGD.
• The volume spike on the breakout confirms strong buying interest.

✅ Support Retests & Accumulation Zones:

• 0.515 SGD - 0.535 SGD: Previous consolidations indicate buyers stepping in at these levels.
• The green highlighted areas mark key demand zones, where past price action shows buying pressure.

✅ Bear Traps & Liquidity Zones:

• False breakdowns near 0.515 SGD (November 2024) trapped weak sellers, fueling the latest rally.

✅ Bullish Candlestick Formations:

• Engulfing Candle near 0.515 SGD (November 2024): Confirmed reversal.
• Hammer at 0.535 SGD (January 2025): Indicated trend continuation.
• Breakout Candle above 0.600 SGD: High volume confirms strong demand.

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4️⃣ Volume Analysis & Liquidity Traps:

• Volume Surge on Breakout: The breakout past 0.600 SGD saw significantly increased volume, confirming strong buy-side interest.
• Drying-Up Volume in Consolidation Zones:
  • Between 0.515 SGD - 0.535 SGD, volume decreased, signaling accumulation before the breakout.
• Bear Traps at 0.515 SGD: Sudden price dips were absorbed by strong buyers, leading to the latest surge.

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5️⃣ Trade Setups & Risk Management:

Pullback Buy Levels:

• Entry Zone: 0.600 - 0.620 SGD (Previous breakout level, now acting as support)
• Stop Loss: Below 0.585 SGD (Invalidation level for the breakout)
• Target: 0.675 - 0.700 SGD

Breakout Play:

• Trigger: Sustained breakout above 0.655 SGD with volume
• Stop Loss: Below 0.635 SGD (Previous resistance turned support)
• Profit Target: 0.700 SGD+

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🔍 Summary & Final Thoughts:

✅ Bullish Trend Intact: Higher highs/lows, strong breakout.
✅ Key Support at 0.535 SGD, Resistance at 0.655 SGD.
✅ Strong Volume Confirmation: Buyers stepping in.
✅ Pullback Buy & Breakout Trade Levels Clearly Defined.

🎯 Potential Play:

• A healthy pullback to 0.600 SGD would be an ideal buy opportunity.
• If price breaks 0.655 SGD with strong volume, expect further upside to 0.700 SGD+.

📌 Risk Management: Stick to defined stop-loss levels to protect capital.

Disclaimer: This analysis is for educational purposes only and should not be considered investment advice. Trading involves significant risk of loss and you should consult with a financial advisor before making any investment decisions.

Dividend:  4.00%