SING INVESTMENT & FINANCE LTD (S35)
Exchange: SGX (Singapore Exchange)
Timeframe: 1-Day (Daily)
1. 📈 Trend Analysis
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General Trend:
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From mid-2024 to early 2025, the stock moved gradually upward with a sequence of higher highs (HH) and higher lows (HL).
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Recent months (March-April 2025) show some volatility and deeper pullbacks, signaling potential trend weakening.
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Recent Higher Highs / Higher Lows:
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HH at 1.10 (Oct) → HH at 1.14 (Feb) → HH at 1.16 (April)
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HL at 0.97 (Aug) → HL at 1.01 (Nov) → HL at 1.04 (Jan) → HL at 1.06 (April)
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Trend Weakening Signs:
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Noticeable overlapping small bars from November to January.
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Larger counter-trend bars post-1.16 peak in April.
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2. ⚡ Key Price Action Signals
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Strong Trend Bars:
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Sept-Oct 2024: Strong bullish bar breaking above 1.02 with heavy volume → Followed by continuation.
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Feb 2025: Bullish breakout above 1.08 towards 1.14 with steady follow-through.
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Reversal Patterns:
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After 1.16 peak (April 2025): Strong bearish engulfing bar leads to sharp decline to 1.06.
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Inside Bars / Dojis:
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Period between Dec 2024–Jan 2025 shows multiple inside bars → Consolidation before Feb breakout.
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Volume Spikes:
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November 2024: Big red volume bar on a drop to 1.01 → Rejection and quick recovery suggest demand stepping in.
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April 2025: Huge red volume spike (after 1.16) → Bearish move confirmed by strong downward bar closing near low.
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Gap Ups/Downs:
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Minor gap up in February toward 1.08 (continued trend).
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April shows gap down and bearish continuation.
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3. 🛡️ Support & Resistance Levels
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Support Zones:
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1.04–1.06: Multiple reactions and a base after April pullback.
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0.97–1.01: Major base built mid-2024 and retested in November.
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Resistance Zones:
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1.14–1.16: Heavy rejection after peaking at 1.16.
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1.10: Minor resistance, first broken in Oct 2024.
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4. 📤 Breakout & Pullback Analysis
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Breakouts:
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October 2024 breakout above 1.02 — strong, supported by volume.
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February 2025 breakout above 1.08 — steady, multiple closes above resistance.
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Pullbacks:
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Healthy pullbacks respecting previous resistances (1.02 and 1.08).
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April pullback deeper (from 1.16 to 1.06) — signals possible trend exhaustion.
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5. 🌐 Market Context & Trading Bias
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Current Context:
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Transition from a steady uptrend into a range or early downtrend.
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High volatility post-peak suggests indecision and selling pressure.
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Trader Psychology:
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Greed Phase: Push to 1.16 with rapid small bars.
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Fear/Profit-taking Phase: Sharp drop after 1.16 peak.
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Indecision: Sideways bars forming after April selloff.
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6. 📦 Supply, Demand & Liquidity
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Demand Zones:
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Buying support at 1.06 after selloff.
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Previous buyers also active around 1.01 (historical).
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Supply Zones:
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Heavy selling evident near 1.16.
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Liquidity Observations:
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Volume spikes correlate strongly with directional moves (both bull and bear phases).
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7. 🎯 Risk Management Strategy
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Entry Idea:
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Wait for price action confirmation around 1.06–1.08 zone.
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Stop Loss:
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Below 1.04 (last major swing low support).
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Profit Taking:
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Partial at 1.14 resistance zone; further at 1.16 if retested.
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Risk Factors:
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Sharp moves (like April’s decline) suggest being cautious about false breakouts.
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Watch for low volume consolidations that could lead to breakout traps.
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📌 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%
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