Wednesday, April 30, 2025

Singapore Land Group - 30 Apr 25

  • Stock Name: Singapore Land Group Ltd

  • Stock Code: U06

  • Exchange: SGX (Singapore Exchange)

  • Timeframe: Daily (1D)

  • Last Price: SGD 2.00 (as of April 30, 2025)


🔍 1. Trend Analysis

🟩 Current Market Structure:

  • Primary Trend: Uptrend

  • Since early January 2025, the stock shows a clear pattern of higher highs and higher lows.

  • Most recent higher high: 2.04 (March 2025)

  • Most recent higher low: 1.81 (mid-April 2025)

⚠️ Trend Weakness Observations:

  • Post-March, price showed overlapping bars and multiple rejections near resistance at 2.04.

  • However, the bounce from 1.81 shows strong buying intent, indicating bulls are still in control.


🔎 2. Key Price Action Signals

🔹 Notable Bars & Candlestick Formations:

DateSignal TypeObservations
Early Jan 2025Breakout + Volume SpikeStrong bull trend bars with volume surged past 1.74, breaking multi-month resistance.
Feb 2025Pullback with Pin BarRejected low at 1.81 with wick down—strong bullish pin bar and recovery.
March 2025Large Bull Bar (2.04)Strong continuation bar that marked a local top.
Mid-April 2025Bearish Engulfing + PinWick below 1.81, but bulls rejected lows—bullish reversal setup.
Apr 30, 2025Inside Bar/DojiSmall range, indecision candle just below 2.04 resistance. Could break out or retrace.

🔹 Volume Analysis:

  • Volume spikes align with breakout attempts and support retests (e.g., January, March, mid-April).

  • Doji and Inside bars with low volume often appear before breakout attempts.

🔹 Gap Analysis:

  • Minor gap-up observed in January 2025 led to a continuation rally.

  • No significant unfilled gaps or island reversals noted.


🧱 3. Support & Resistance Levels

Level (SGD)TypeStatus
2.04ResistanceLocal top; multiple rejections here.
1.95Minor ResistanceShort-term resistance zone.
1.81SupportRecent higher low; key bull defense.
1.74Major SupportTriple bottom across months (Oct, Dec, Jan).
1.84-1.85IntermediateOld swing highs; minor zone.

💥 4. Breakout & Pullback Analysis

  • January 2025 breakout: Clean move above 1.74 with high volume = strong confirmation.

  • Pullback in Feb: Formed a potential bull flag; rejection at 1.81 led to higher high (2.04).

  • Recent rally: Pullback to 1.81 in April shows a double bottom, a bullish setup.

  • The current bar (April 30) is testing prior resistance at 2.04, potentially forming a breakout base.


🌐 5. Market Context & Trading Bias

  • Bias: Bullish (but cautious near resistance)

  • The market shows consistent buyer interest at pullbacks.

  • Psychological levels like SGD 2.00 and round numbers play a strong role in resistance/support.

  • Traders appear to be testing breakout strength, likely awaiting confirmation before committing higher.


🧲 6. Supply, Demand & Liquidity Zones

  • Demand Zones:

    • 1.74–1.81: Strong institutional demand zone; every dip here has been bought aggressively.

  • Supply Zones:

    • 2.00–2.04: Sellers actively defend this region; break above 2.04 could spark rally to 2.10–2.20.

Trade Setups:

  • Breakout Play: Buy on break above 2.04 with strong volume.

  • Pullback Buy: Long near 1.95–1.96 if price pulls back post-breakout.

  • Reversal Short (speculative): If price fails to break 2.04 again with a bearish engulfing, short targeting 1.95/1.81.


🛡️ 7. Risk Management Strategy

Strategy TypeEntryStop-LossTake Profit
Breakout BuyAbove 2.04 (e.g., 2.06)Below 1.952.20 / 2.28
Pullback BuyNear 1.95–1.96Below 1.812.04 / 2.10
Reversal ShortAt resistance 2.04 with bearish confirmationAbove 2.061.95 / 1.85

📌 Conclusion:

Singapore Land Group (U06) is in a confirmed uptrend, with strong support at 1.81 and testing a critical resistance at 2.04. Volume and bar analysis suggest bullish momentum, but caution is needed at resistance. A breakout above 2.04 with volume can trigger strong bullish continuation, while failure to hold 2.00 could result in a healthy pullback.


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:  2%



Tuesday, April 29, 2025

Bukit Sembawang - 29 Apr 25

Bukit Sembawang (SGX: B61) – Daily Chart as of April 29, 2025


1. Trend Analysis

  • Overall Structure: The chart shows a range-bound market from late 2024 to April 2025, fluctuating between approximately SGD 3.50 and SGD 3.68, with temporary expansions to 3.88 (high) and 3.22 (low).

  • Recent Trend:

    • Mid-April to April 29, 2025: A short-term rebound from a steep sell-off (3.63 → ~3.30) has taken price back to SGD 3.50.

    • No clear higher high or lower low was established, suggesting indecision.

  • Trend Weakness Indicators:

    • Repeated touches at 3.51 and 3.62–3.68 suggest sideways pressure.

    • Bars often overlap, with many small-bodied candles.


2. Key Price Action Signals

  • Volume Spikes:

    • Late March & Mid-April: Large red bars with sharp volume spikes show strong selling (3.63 drop). Bars closed near the low → bearish conviction.

    • Mid-to-late April: Large bullish volume on green bars with closes near highs → bullish reaction to oversold conditions.

  • Reversal Signals:

    • April mid-month: Long lower wick pin bars after deep drop to ~3.30 → rejection of lower prices.

  • Inside Bars / Dojis:

    • Multiple inside bars in Jan–Feb suggest consolidation and indecision around 3.50–3.57.

  • Gap Bars:

    • A minor gap-down in April (after 3.63) leads to immediate bearish continuation, not reversal → bearish gap confirmation.


3. Support & Resistance

  • Support Zones:

    • SGD 3.50–3.51: Multiple bounces (Dec, Feb, Apr).

    • SGD 3.30: April's sharp reversal low.

  • Resistance Zones:

    • SGD 3.63–3.68: Recent swing highs and failed breakouts.

    • SGD 3.88: Major swing high from October 2024.


4. Breakout & Pullback Analysis

  • False Breakouts:

    • Several attempts to break 3.62–3.68 in Q1 2025 failed, often followed by pullbacks.

  • Recent Pullback:

    • The April rebound shows V-shaped recovery, no clear pullback structure.

  • Pullback Respecting Key Levels:

    • Price often respects the 3.50 level as both support and inflection point.


5. Market Context & Trading Bias

  • Current Bias: Neutral-to-bullish short-term, inside a larger sideways structure.

  • Transition Signals:

    • April's sell-off and recovery suggest increased volatility and possible range expansion.

  • Trader Psychology:

    • Fear evident in strong sell bars with volume (mid-April).

    • Greed/hope on rapid bounce (late-April).

    • Indecision around 3.50 shown by dojis and narrow bars.


6. Supply, Demand & Liquidity

  • Demand Zones:

    • SGD 3.30–3.35: Rapid buy-up after mid-April dip.

  • Supply Zones:

    • SGD 3.63–3.68: Sellers consistently appear on approach.

  • Liquidity Traps:

    • False break above 3.67 in March likely trapped breakout buyers.


7. Risk Management Strategy (Hypothetical for Study)

For Educational Use Only

  • Entry Idea: Pullback to SGD 3.45–3.48 if bullish continuation is expected.

  • Stop-Loss: Below recent low ~SGD 3.30.

  • Take-Profit Zones: Partial at SGD 3.63, final around SGD 3.68–3.88 (historical highs).


📌 Summary Bukit Sembawang (B61.SI) is showing sideways movement with strong demand around SGD 3.30–3.50 and consistent selling above SGD 3.63. Recent volume surges and V-shaped rebound indicate increased interest, but the range persists until a decisive breakout.


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:  1.14%



Monday, April 28, 2025

Sing Inv & Fin - 28 Apr 25

SING INVESTMENT & FINANCE LTD (S35)
Exchange: SGX (Singapore Exchange)
Timeframe: 1-Day (Daily)


1. 📈 Trend Analysis

  • General Trend:

    • From mid-2024 to early 2025, the stock moved gradually upward with a sequence of higher highs (HH) and higher lows (HL).

    • Recent months (March-April 2025) show some volatility and deeper pullbacks, signaling potential trend weakening.

  • Recent Higher Highs / Higher Lows:

    • HH at 1.10 (Oct) → HH at 1.14 (Feb) → HH at 1.16 (April)

    • HL at 0.97 (Aug) → HL at 1.01 (Nov) → HL at 1.04 (Jan) → HL at 1.06 (April)

  • Trend Weakening Signs:

    • Noticeable overlapping small bars from November to January.

    • Larger counter-trend bars post-1.16 peak in April.


2. ⚡ Key Price Action Signals

  • Strong Trend Bars:

    • Sept-Oct 2024: Strong bullish bar breaking above 1.02 with heavy volume → Followed by continuation.

    • Feb 2025: Bullish breakout above 1.08 towards 1.14 with steady follow-through.

  • Reversal Patterns:

    • After 1.16 peak (April 2025): Strong bearish engulfing bar leads to sharp decline to 1.06.

  • Inside Bars / Dojis:

    • Period between Dec 2024–Jan 2025 shows multiple inside bars → Consolidation before Feb breakout.

  • Volume Spikes:

    • November 2024: Big red volume bar on a drop to 1.01 → Rejection and quick recovery suggest demand stepping in.

    • April 2025: Huge red volume spike (after 1.16) → Bearish move confirmed by strong downward bar closing near low.

  • Gap Ups/Downs:

    • Minor gap up in February toward 1.08 (continued trend).

    • April shows gap down and bearish continuation.


3. 🛡️ Support & Resistance Levels

  • Support Zones:

    • 1.04–1.06: Multiple reactions and a base after April pullback.

    • 0.97–1.01: Major base built mid-2024 and retested in November.

  • Resistance Zones:

    • 1.14–1.16: Heavy rejection after peaking at 1.16.

    • 1.10: Minor resistance, first broken in Oct 2024.


4. 📤 Breakout & Pullback Analysis

  • Breakouts:

    • October 2024 breakout above 1.02 — strong, supported by volume.

    • February 2025 breakout above 1.08 — steady, multiple closes above resistance.

  • Pullbacks:

    • Healthy pullbacks respecting previous resistances (1.02 and 1.08).

    • April pullback deeper (from 1.16 to 1.06) — signals possible trend exhaustion.


5. 🌐 Market Context & Trading Bias

  • Current Context:

    • Transition from a steady uptrend into a range or early downtrend.

    • High volatility post-peak suggests indecision and selling pressure.

  • Trader Psychology:

    • Greed Phase: Push to 1.16 with rapid small bars.

    • Fear/Profit-taking Phase: Sharp drop after 1.16 peak.

    • Indecision: Sideways bars forming after April selloff.


6. 📦 Supply, Demand & Liquidity

  • Demand Zones:

    • Buying support at 1.06 after selloff.

    • Previous buyers also active around 1.01 (historical).

  • Supply Zones:

    • Heavy selling evident near 1.16.

  • Liquidity Observations:

    • Volume spikes correlate strongly with directional moves (both bull and bear phases).


7. 🎯 Risk Management Strategy

  • Entry Idea:

    • Wait for price action confirmation around 1.06–1.08 zone.

  • Stop Loss:

    • Below 1.04 (last major swing low support).

  • Profit Taking:

    • Partial at 1.14 resistance zone; further at 1.16 if retested.

  • Risk Factors:

    • Sharp moves (like April’s decline) suggest being cautious about false breakouts.

    • Watch for low volume consolidations that could lead to breakout traps.


📌 Summary:

SING INVESTMENT & FINANCE (S35) is transitioning from a mature uptrend into a possible sideways range or early downtrend.
Key zones at 1.04–1.06 support and 1.14–1.16 resistance define the current battlefield.
Volume behavior and bar structure suggest a more cautious market in April 2025 compared to previous steady uptrend months.


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:  5.56%



Saturday, April 26, 2025

Vicom - 25 Apr 2025

VICOM LTD (SGX: WJP) – 1D Chart Analysis (as of April 25, 2025)


1. Trend Analysis

  • Overall Trend:

    • From June 2024 to around March 2025, the stock was largely range-bound between ~SGD 1.30 and SGD 1.36.

    • Recent breakout in April 2025 with a strong push up to SGD 1.38 shows early signs of an uptrend.

  • Recent Higher Highs and Lows:

    • Higher low: 1.22 (early April 2025)

    • Higher high: 1.38 (April 25, 2025)

  • Trend Weakness Clues:

    • Before the breakout, small overlapping candles and lots of tight-range bars showed market indecision.


2. Key Price Action Signals

  • Strong Trend Bars:

    • April's last few candles are strong bullish bars with solid bodies and small/no wicks.

    • Follow-through: Immediate follow-through to the upside, indicating strong buying pressure.

  • Reversal Patterns:

    • Around March, there were several small-bodied candles (dojis) near SGD 1.30, showing a base forming after a down move.

  • Inside Bars:

    • Late March–early April: multiple inside bars during tight consolidation near SGD 1.30–1.32.

  • Volume Spikes:

    • Big volume spike on the large bullish candle from SGD 1.22 to 1.34 — very strong move:

      • Candle closed near the high.

      • Suggests a breakout with conviction.

  • Gap Analysis:

    • Minor gap up behavior visible before the recent push (no major unfilled gaps though).


3. Support & Resistance Levels

  • Support Zones:

    • SGD 1.22–1.27 (strong buyer defense in April)

    • SGD 1.30 (historical support, now flipped to minor support)

  • Resistance Zones:

    • SGD 1.39–1.40 (next critical resistance zone from previous highs in August 2024)


4. Breakout & Pullback Analysis

  • Breakout:

    • April breakout strong:

      • Wide bullish bars.

      • High volume.

      • Minimal upper wicks.

  • Pullbacks:

    • Small pullbacks during the climb suggest healthy trending behavior (no deep retracements yet).


5. Market Context & Trading Bias

  • Market State:

    • Transitioning from range-bound to early uptrend.

  • Trader Psychology:

    • Fear and indecision dominated late 2024 (tight ranges).

    • Shift to greed/optimism seen with strong breakouts and buying volume in April 2025.


6. Supply, Demand & Liquidity Analysis

  • Supply Zones:

    • Near SGD 1.39–1.40: prior selling seen (watch for resistance).

  • Demand Zones:

    • SGD 1.22–1.30: strong accumulation.

  • Potential Setups:

    • Pullback Buy near SGD 1.30–1.34 if revisited.

    • Breakout Play if price cleanly breaks SGD 1.40 with volume confirmation.


7. Risk Management Strategy (Educational Example)

  • Entry Idea:

    • Breakout confirmation above SGD 1.40 or pullback to SGD 1.30–1.34.

  • Stop-loss Zone:

    • Below recent swing low, around SGD 1.22–1.25.

  • Profit-taking Zones:

    • First target around SGD 1.40–1.42.

    • Trailing stop for higher moves beyond.


⚡ Final Notes:

This bar-by-bar analysis reveals early strength and breakout confirmation for VICOM LTD.
The recent surge is supported by high volume, clean price structure, and key breakout above prior ranges.


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:  4.06%



Thursday, April 24, 2025

Pacific Century - 24 Apr 2025

PACIFIC CENTURY (SGX: P15) using the 1D timeframe, based on the chart dated Thursday, April 24, 2025.


1. Trend Analysis

  • Overall Trend: Uptrend.

  • Higher Highs and Higher Lows:

    • Price bottomed around 0.285 in July, began forming higher lows (0.295 → 0.305 → 0.315 → 0.325).

    • Recent highs: 0.345 → 0.405 → 0.415, confirming the uptrend.

  • Trend Strength: Accelerating in recent months, especially post-February 2025. The last few bars show strong upward momentum.


2. Key Price Action Signals

  • Strong Bullish Bars:

    • March rally breakout from 0.340 to 0.405 was on large-bodied bullish candles with good follow-through.

    • Recent green bars (mid-April) from 0.370 to 0.415 are wide and bullish, signaling buyers in control.

  • Volume Spikes:

    • Large volume seen on March breakout bar — price moved sharply up from ~0.320 to 0.390 with big green bar.

      • Closed near high, indicating strong buyer demand.

    • Another volume surge in mid-April, coinciding with the rally to 0.415.

      • Again, green bar closes near the high = bullish continuation.

  • Pin Bars:

    • Notable rejection wicks in early April around 0.370 — demand absorbed selling and led to rally.

  • Gap-Up:

    • Minor gap-ups during the April surge — acted as breakout confirmation with follow-through.


3. Support & Resistance Levels

  • Support:

    • 0.370 = strong demand zone (bounce origin).

    • 0.340 and 0.320 = previous resistance turned support.

  • Resistance:

    • 0.415 = current level. If broken, new highs possible.

    • No historical resistance beyond this, making it a potential blue-sky breakout.


4. Breakout & Pullback Analysis

  • Breakouts:

    • March and April both had powerful breakouts with large candles + volume.

    • Breakout above 0.405 to 0.415 happening now.

  • Pullbacks:

    • Healthy pullbacks to 0.370 and 0.340 during the trend.

    • Each was followed by a strong continuation — classic bull flag patterns.


5. Market Context & Trading Bias

  • Market Condition: Trending (bullish).

  • Psychology:

    • Greed is beginning to set in with higher volume + aggressive buying.

    • Minimal fear or indecision — small wicks, strong green closes.


6. Supply, Demand & Liquidity Zones

  • Demand Zones:

    • Strong demand visible at 0.370, confirmed by price rejection and volume spike.

  • Liquidity Traps:

    • No major traps visible — breakout bars didn't reverse, they had follow-through.

  • Trade Setups:

    • Breakout Play:

      • Entry: On break of 0.415 with volume confirmation.

      • Stop-Loss: Below 0.405 or 0.390 depending on risk.

      • Target: Use Fibonacci extensions (e.g., 1.618 projection), or trailing SL to ride the trend.

    • Pullback Buy:

      • Entry: If price pulls back to 0.405 or 0.390 with rejection wick.

      • Stop: Below 0.370.

      • Reward: Trend continuation above 0.415.


7. Risk Management Strategy

  • Entry (Breakout): Above 0.415 (confirmation on intraday breakout).

  • Stop-Loss: Just below 0.405 or more conservative below 0.370.

  • Profit Targets:

    • Short-term: 0.435–0.450.

    • Medium-term: 0.480–0.500 if breakout sustains.


🔍 Final Notes:

  • This is a textbook breakout setup.

  • Watch for continuation or a fakeout around 0.415 in coming sessions.

  • A clean retest of 0.405–0.410 could offer a safer entry with better R:R.


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:  12.98%



Wednesday, April 23, 2025

BRC Asia - 23 Apr 2025

BRC Asia Ltd (SGX: BEC) on the 1-Day timeframe, as of April 23, 2025.

📈 1. Trend Analysis

  • Primary Trend: Clear uptrend from November 2024 to February 2025. Price has consistently made higher highs and higher lows.

  • Recent Structure:

    • Higher low: ~2.30 (mid-Dec)

    • Higher high: 3.00 → 3.15

    • Recent pullback respected ~2.80, followed by a rebound.

  • Possible Weakness Detected:

    • Between March–early April, price hit a double top at 3.15, followed by a strong sell-off (indicating supply).

    • Bars became smaller and more overlapping before the recent bounce.


⚡ 2. Key Price Action Signals

✅ Strong Trend Bars

  • Late January–Feb: Consecutive green candles from ~2.47 → 3.00 with expanding volume. Strong buyer control.

  • Recent Bar (Apr 23): Bullish candle, closed near high at 3.07, slight volume spike. Positive sentiment.

❗ Reversal Patterns

  • Double Top at 3.15: Seen in Feb and March → triggered a pullback.

  • April 10–11: Large red bar, sharp sell-off below 2.80 → potential fear-based liquidation.

  • Quick Recovery: Suggests buyers absorbed supply.

📉 Inside/Doji Bars

  • Late March: Multiple small-bodied candles, sign of indecision.

  • Potential breakout zones around 3.00 were tested several times.

📊 Volume Spikes

  • Early February: Breakout above 3.00 was accompanied by significant volume.

  • April 10: Big volume red bar with lower wick — demand absorbed selling pressure.

  • April 22–23: Volume increasing again with rising price, indicating bullish interest.


🧱 3. Support & Resistance Zones

  • Support Levels:

    • 2.30 (multiple tests: Nov, Dec)

    • 2.80 (recent bounce zone)

  • Resistance Levels:

    • 3.00 psychological level (acted as both resistance and support)

    • 3.15 (double top — strong selling pressure)


🔓 4. Breakout & Pullback Analysis

  • Breakout (Feb 2025): Above 3.00, strong confirmation via volume.

  • Pullback: Reversal from 3.15 to ~2.75 in April.

    • Formed a bull flag pattern.

    • Recent break above 3.00 could be signaling continuation.


📊 5. Market Context & Trading Bias

  • Current Context: Stock appears to be recovering from a double-top correction.

  • Bias: Leaning bullish short-term, as price reclaimed 3.00 with momentum.

  • Psychology: April correction = fear/liquidation. Recent bounce = return of buyer confidence.


🧠 6. Supply, Demand & Liquidity

  • Demand Zone: Around 2.80, where large wicks and volume show buyers stepping in.

  • Supply Zone: Clearly seen at 3.15 — needs a strong breakout for trend continuation.

  • Liquidity Trap: Possible bear trap on April 10–11 where price sharply dropped then reversed.

🔍 Potential Setups:

  • Pullback Buy: Entry on dip toward 3.00 with tight stop under 2.95.

  • Breakout Play: Entry on break above 3.15 with volume confirmation.

  • Reversal Trade: Short setup if price rejects 3.15 again and forms bearish engulfing.


🛡️ 7. Risk Management Strategy

  • Entry:

    • Conservative: Buy on retest of 3.00 after recent breakout.

    • Aggressive: Buy on breakout above 3.15.

  • Stop-Loss:

    • Just below 2.95 (below recent lows and psychological level).

  • Take Profit:

    • TP1: 3.15 (prior high)

    • TP2: 3.30–3.35 (projected move based on flag pattern breakout)


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:  5.61%



Tuesday, April 22, 2025

SembCorp Ind - 22 Apr 2025

Sembcorp Industries (SGX:U96) based on the 1-Day timeframe chart dated Tuesday, April 22, 2025:


📊 1. Trend Analysis

  • Current Trend: Strong uptrend since early March 2025 after a clean breakout above 5.79.

  • Higher Highs & Higher Lows:

    • Higher lows: 5.21 → 5.74

    • Higher highs: 5.74 → 6.45 → 6.70

  • Trend Weakness:

    • Some recent bars show wicks on top, indicating selling pressure.

    • Last two weeks show consolidation between 6.00–6.40, suggesting a potential slowdown or rest phase before the next move.


🔑 2. Key Price Action Signals

  • Strong Trend Bars:

    • Large green bar in early March (near 5.30 breakout) with high volume → bullish confirmation.

    • Another strong green bar pushing through 6.00 showed follow-through strength.

  • Volume Spikes:

    • March breakout bar above 5.79 had heavy volume and closed near high → institutional buying.

    • April 2025 pullback to 5.74 with increased volume but closed off lows → buying pressure.

  • Reversal Signals:

    • Bearish pin bar near 6.70 top → possible short-term top.

    • Strong bullish engulfing bar at 5.74 → valid pullback buy.

  • Inside Bars:

    • Several tight-range days after 6.70 high → indecision or absorption.


📌 3. Support & Resistance

  • Support Zones:

    • 5.74: Key pullback level, held multiple times.

    • 6.00–6.10: Minor intraday support zone.

  • Resistance Zones:

    • 6.70: Recent swing high (potential double top or breakout level).

    • 6.45: Mid-range resistance now tested twice.

    • Next untested zone likely near 7.00 (psychological).


🔓 4. Breakout & Pullback Analysis

  • Breakouts:

    • Break above 5.79: Large candle + volume → strong.

    • Breakout above 6.00: Moderate strength, less volume than 5.79 breakout.

  • Pullbacks:

    • Healthy pullback to 5.74 with a strong bounce suggests buy-the-dip opportunity.

    • Consolidation around 6.20–6.35 forming a bull flag.


📈 5. Market Context & Trading Bias

  • Current Context: Consolidation inside a strong uptrend (trend pause).

  • Bias: Bullish, unless price breaks below 6.00 or especially 5.74.

  • Trader Psychology:

    • Some profit-taking at highs (6.70 rejection).

    • Current indecision around 6.30 suggests traders are waiting for new data or catalyst.


🔍 6. Supply, Demand & Liquidity

  • Demand Zones:

    • 5.74: Seen as strong demand zone — volume confirmed.

  • Supply Zone:

    • 6.70: Price was rejected with long wick, indicating heavy selling or profit-taking.

  • Liquidity Trap Watch:

    • Break below 6.00 then quick recovery would be a trap setup (watch for fake breakdowns).


🛡️ 7. Risk Management Strategy (Based on Chart)

  • Entry Setup #1 (Pullback Buy):

    • Entry: Near 6.20–6.30 support zone (if price dips into it again).

    • Stop-Loss: Below 5.74 (key swing low).

    • Target 1: 6.70 (recent high).

    • Target 2: 7.00 (psychological resistance).

  • Entry Setup #2 (Breakout Play):

    • Entry: Above 6.70 breakout (close with volume).

    • Stop-Loss: 6.30 (breakout failure).

    • Target 1: 7.20.

    • Target 2: 7.50 (measured move).


📆 As of Today – April 22, 2025:

  • Price: 6.34 SGD

  • Status: Neutral–Bullish Bias, awaiting breakout or breakdown from current consolidation range.


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:  2.21%



Singapore Stock Investment Research