Wednesday, May 07, 2025

Frasers Log and Com - 07 May 25

  • Stock: Frasers Logistics & Commercial Trust

  • Ticker: BUOU (SGX)

  • Timeframe: Daily (1D)

  • Analysis Date: May 7, 2025

  • Current Price: 0.865 SGD

  • Price Range on May 7:

    • High: 0.905

    • Low: 0.855

    • Open: 0.900

    • Close: 0.865 (-4.42%)


1. ๐Ÿ“ˆ Trend Analysis

  • Current Trend:

    • Mid-Sep to Nov 2024: Uptrend with a peak near 1.19

    • Nov 2024 to Mar 2025: Sustained downtrend with consistent lower highs/lows (e.g., 0.935 โ†’ 0.900 โ†’ 0.850 โ†’ 0.825)

    • April 2025 onward: Signs of a possible trend reversal or consolidation as price rebounded from the 0.755 low and failed to break recent highs.

  • Recent Lower Highs/Lows:

    • Highs: 0.935 (April), 0.900 (Feb)

    • Lows: 0.755 (April), 0.825 (March)

  • Trend Weakness Clues:

    • Smaller candles with upper wicks

    • Increased volume with reversal candles near April low

    • Price struggling to break past 0.900 area resistance


2. ๐Ÿ” Key Price Action Signals

๐Ÿ”ธ Volume Spikes:

  • April 2025 spike:

    • Huge red-to-green reversal near 0.755 with elevated volume

    • Followed by strong bullish continuation into 0.935

  • May 7, 2025:

    • Big red bar (-4.42%) with high volume, close near the low โ€” signals strong supply/profit-taking

๐Ÿ”ธ Reversals & Pin Bars:

  • 0.755 area (April): Bullish pin bar with long lower wick, followed by multiple green bars โ€” classic reversal off support

  • Near 0.935 (late April): Multiple rejection wicks, possible double top structure

๐Ÿ”ธ Inside/Doji Bars:

  • Several small-bodied doji candles observed in Februaryโ€“March around 0.850โ€“0.855 โ†’ shows indecision/consolidation before April drop

๐Ÿ”ธ Gaps:

  • Minor gap-up behavior during the April rally (not clean, but visible in volume + fast price acceleration)


3. ๐Ÿ” Support & Resistance Levels

  • Major Resistance:

    • 1.040 โ€“ 1.190 (Sepโ€“Oct highs)

    • 0.935 (recent April peak)

    • 0.900 (multiple failed breaks)

  • Major Support:

    • 0.755 (April reversal low)

    • 0.825 (March low)

    • 0.850โ€“0.855 (zone of multiple prior reactions)


4. ๐Ÿ“‰ Breakout & Pullback Analysis

  • Breakout Attempts:

    • April breakout above 0.850 was strong, fueled by volume and multiple wide green bars

    • Mayโ€™s attempt above 0.900 failed โ€” followed by sharp rejection on May 7

  • Pullbacks:

    • Bull flag structure mid-April, with shallow retracement and breakout continuation

    • Latest pullback (early May) rejected at resistance (0.900) โ€” suggests weakening buyer momentum


5. ๐Ÿง  Market Context & Trader Psychology

  • Psychology:

    • Fear at lows (0.755) followed by greedy buying on reversal

    • Price now testing trader patience as resistance near 0.900 remains strong

    • Recent red bar on May 7 may trigger short-term fear/profit booking

  • Market Phase: Transitioning from downtrend to potential consolidation/uptrend โ€” but resistance rejection shows uncertainty


6. ๐Ÿ”„ Supply, Demand & Liquidity Zones

  • Demand Zones:

    • 0.755โ€“0.825 โ†’ strong buyer presence

    • Confirmed by long wicks + volume surge

  • Supply Zones:

    • 0.900โ€“0.935 โ†’ repeated rejections

    • May 7 bar adds more evidence of supply presence here

  • Liquidity Traps:

    • False break above 0.900 may have trapped late buyers


7. ๐Ÿ“ Risk Management Strategy (Hypothetical & Educational Only)

Note: This is not financial advice, just an educational illustration.

  • Entry Concept (Pullback Buy Setup):

    • After April 0.755 reversal, potential entry on break above 0.850

  • Stop-Loss:

    • Below 0.825 (support zone)

  • Profit Targets:

    • Initial: 0.900 (resistance)

    • Extended: 0.935โ€“1.000 zone if breakout occurs

  • For Short-Term Plays (post-May 7 drop):

    • Entry only if support holds near 0.850

    • Stop-loss under 0.825

    • Risk increases due to supply zone reactivation


Summary

  • The stock is currently in a corrective phase after a sharp downtrend and a failed bullish breakout.

  • Resistance at 0.900โ€“0.935 is critical.

  • Support at 0.850 and 0.825 must hold to avoid a retest of Aprilโ€™s 0.755 low.

  • Volume analysis shows institutional activity around key reversal zones.


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:  8.09%



No comments:

Post a Comment

Singapore Stock Investment Research