QAF - 01 Apr 2025

Stock Analysis: QAF Limited (Q01) - 1D Timeframe (SGX)

1. Trend Analysis

• Current Trend: The stock is in an uptrend, as seen by the series of higher highs (HH) and higher lows (HL) since mid-2024.

• Recent Higher Highs/Lows:

  • Recent high: 0.870 (April 1, 2025)

  • Recent low: 0.835 (March 2025)

• Trend Strength: The trend remains intact, with price making new higher closes, but some consolidation phases suggest temporary resistance.

2. Key Price Action Signals

• Strong Trend Bars:

  • The latest candle (April 1, 2025) is a bullish breakout bar, closing near the high (0.870), signaling buying momentum.

  • Previous strong bullish bars in March also showed higher closes, confirming the trend.

• Reversal Patterns:

  • No clear bearish reversal signals yet.

  • Watch for engulfing patterns or pin bars near resistance (0.870 - 0.880).

• Inside & Doji Bars:

  • A doji bar appeared near 0.840 in mid-March, leading to a continuation of the uptrend.

• Volume Spikes:

  • Volume increased near resistance at 0.865, indicating a possible breakout.

  • Previous high-volume days near 0.805 and 0.830 showed strong buyer interest, confirming accumulation.

3. Support & Resistance Levels

• Key Support Levels:

  • 0.840 - 0.845 (recent consolidation zone)

  • 0.825 - 0.830 (previous higher low and breakout level)

  • 0.800 (long-term demand zone)

• Key Resistance Levels:

  • 0.870 - 0.880 (current breakout level)

  • 0.885 - 0.900 (next psychological resistance)

4. Breakout & Pullback Analysis

• Breakout Strength:

  • The latest breakout above 0.865 is strong, supported by increasing volume.

• Pullback Patterns:

  • If price pulls back to 0.850 - 0.855, it could offer a re-entry opportunity.

  • A shallow pullback with small-bodied candles would confirm trend strength.

5. Market Context & Trading Bias

• Bias: Bullish (Trend favors buying pullbacks or breakout retests).

• Signs of Trend Weakening: None yet, but if price fails to hold above 0.865, a correction may follow.

• Trader Psychology: Buyers remain in control, but profit-taking could cause temporary dips.

6. Supply, Demand & Liquidity Analysis

• Demand Zones: 0.825 - 0.830 (previous accumulation zone).

• Liquidity Traps: Watch for a fake breakout above 0.870, followed by rejection.

7. Risk Management Strategy

• Entry: On a pullback to 0.850 - 0.855 or a breakout above 0.870 with volume.

• Stop-Loss: Below 0.840 (previous consolidation).

• Profit Target: 0.880 - 0.900 (next resistance zone).

Final Thoughts

• Trend: Strong uptrend.

• Bias: Bullish, favoring buying pullbacks or breakout retests.

• Key Watch Areas:

  • Breakout confirmation above 0.870

  • Pullbacks to 0.850 - 0.855 as potential entry points

  • Volume behavior at resistance (0.870 - 0.880)

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.

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