Friday, March 14, 2025

Guocoland - 14 Mar 2025

Stock Analysis: GuocoLand (F17) – 1D Chart (SGX)

1. Trend Analysis

  • Current Market Trend: Ranging with a slight bearish bias.
  • Higher Highs/Higher Lows or Lower Highs/Lower Lows:
    • The price made a lower high at 1.60 (Nov 2024) before declining.
    • Recent swing lows at 1.42, 1.40, and 1.43 suggest weak support levels.
    • Recent lower highs: 1.49, 1.48, 1.47, indicating a downtrend continuation.
  • Trend Weakness Signs:
    • Overlapping candles and small-bodied bars show market indecision.
    • Several doji-like bars signal a lack of strong momentum.

2. Key Price Action Signals

  • Strong Trend Bars:
    • A strong bullish bar in Sep 2024 broke above 1.53, leading to 1.60.
    • Bearish rejection at 1.60 resulted in a sharp drop, confirming resistance.
  • Reversal Patterns:
    • Bullish pin bars: Seen around 1.42 and 1.44, indicating temporary support.
    • Bearish engulfing pattern: Around 1.56 to 1.53, confirming a downtrend.
  • Inside Bars & Dojis:
    • Inside bars around 1.45–1.47, suggesting consolidation.
    • A doji near 1.45 (current price) indicates indecision.

3. Support & Resistance Levels

  • Major Resistance:
    • 1.60 (Strong rejection area).
    • 1.56–1.57 (Previous highs).
    • 1.50–1.53 (Key supply zone).
  • Major Support:
    • 1.44 (Currently tested support).
    • 1.42 (Last swing low, potential breakdown level).
    • 1.40 (Critical support—if broken, a further decline is likely).

4. Breakout & Pullback Analysis

  • Breakout Strength:
    • Weak breakout attempts above 1.47 and 1.49 lacked follow-through.
    • Strong breakdown below 1.56 led to a continued decline.
  • Pullback Analysis:
    • Recent pullback to 1.47 failed to hold, showing bearish pressure.
    • Potential for another test at 1.44 or 1.42 before a direction is confirmed.

5. Market Context & Trading Bias

  • Trending or Ranging?
    • Market remains in a range (1.40–1.60), but with a bearish tilt.
  • Trend Shift Clues:
    • If 1.40 breaks, a deeper downtrend could follow.
    • A break above 1.50 may trigger a short-term reversal.
  • Trader Psychology:
    • Sellers are dominant below 1.50.
    • Buyers are weak at 1.44–1.45, risking a breakdown.

6. Supply, Demand & Liquidity Analysis

  • Supply Zones:
    • 1.50–1.53 (Many failed breakouts).
    • 1.56–1.60 (Strong resistance).
  • Demand Zones:
    • 1.40–1.44 (Repeated support).
  • Liquidity Traps:
    • False breakout at 1.47 (trapped buyers).

7. Risk Management & Trading Plan

  • Bullish Plan:
    • Entry: Above 1.47 if strong momentum appears.
    • Stop-Loss: Below 1.44.
    • Target: 1.50–1.53.
  • Bearish Plan:
    • Entry: Below 1.44 for a potential drop to 1.40.
    • Stop-Loss: Above 1.47.
    • Target: 1.40, then 1.38 if broken.

Conclusion

  • Short-term Bias: Bearish while below 1.50.
  • Watch for: Price reaction at 1.44–1.45 (potential breakdown or reversal).
  • Key Levels:
    • Bullish Breakout: Above 1.50.
    • Bearish Breakdown: Below 1.40.

Disclaimer:Please note that this analysis is for educational purposes only and should not be taken as investment advice. Trading involves significant risk, and you should consult with a financial advisor before making any decisions.

Dividend:  4.17%



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