Chart Setup & Context
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Stock Name & Ticker: BRC Asia Ltd (SGX: BEC)
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Chart Timeframe: Daily
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Date Range: Oct 2024 – 26 Jun 2025
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Bars Analyzed: ~180 daily bars (approx. 9 months)
1. Market Regime Classification: Ranging
Price has remained between 3.10–3.22 since mid-April, indicating a low-volatility range-bound regime with signs of potential re-accumulation or distribution.
2. Highest Conviction Observations
A. Market Structure & Order Flow
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Trend Analysis:
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Swing Lows: 2.30 → 2.47 → 2.67 → 3.10 (recent support)
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Swing Highs: 2.59 → 3.00 → 3.15 → 3.22
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BOS (Break of Structure): Occurred at 3.00 in Feb 2025 – initiated mid-term uptrend
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Since 3.22, momentum has decayed and range compression is evident
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Current Structure: Sideways consolidation between 3.10 (support) and 3.22 (resistance)
B. Volume-Price Relationship
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Volume Expansion at Key Levels:
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Feb breakout over 3.00 saw notable volume expansion validating institutional interest
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Volume Clusters: Sustained activity around 3.10–3.15 shows supply absorption
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Dry-Up in Recent Weeks: Indicates potential energy build-up for directional move
C. Institutional Footprints
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Absorption Zones: Detected around 3.10–3.15; narrow candles with high volume in May/June
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Shake-Out: Single long-wick candle in late June dipping below 3.10 before quick recovery – possible liquidity grab
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Fair Value Gap (FVG): Exists between 3.00–3.05 (from sharp Feb rally), still unfilled
D. Bar Pattern Recognition
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Reversal Signatures: Hammer-like wick on recent candle bouncing off 3.05 with low close volatility, showing absorption post trap
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Continuation Setup: Multi-week compression pattern suggests coiled energy near prior resistance at 3.22
E. Multi-Timeframe Confluence
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Higher Timeframe (Weekly): Likely shows broader uptrend with consolidation
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Daily & Weekly Align: Both suggest pause within bullish context, validating consolidation phase above former BOS level (3.00)
3. Key Levels to Watch
| Type | Level | Significance |
|---|---|---|
| Resistance | 3.22 | Range top – minor supply |
| Resistance | 3.15 | Rejected twice – local supply |
| Support | 3.10 | Recent defense and range base |
| Support | 3.00 | Previous BOS level – major demand |
| FVG Zone | 3.00–3.05 | Inefficient zone, potential revisit |
4. Risk-Adjusted Setup Framework
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Entry Zone Consideration: Pullback near 3.05–3.10 support, with volume absorption signals
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Stop Loss: Below 2.95 (beneath FVG and structural low)
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Profit Target Zone: 3.22 (initial), then 3.35 (measured move extension)
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Risk-Reward Estimate: 1:2.5 if entering ~3.08 with 0.13 stop and 0.27 target range
Forward Bias
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Bias remains neutral-bullish inside compression zone.
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Watch for volume expansion above 3.15 or failed breakdowns below 3.10 for direction cues.
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No commitment until clear breakout or breakdown with supporting volume.
Execution Summary
Selling BRC Asia Ltd (BEC) is not currently supported unless a breakdown below 3.00 confirms.
Buying BRC Asia Ltd because price is consolidating at high with signs of institutional absorption near 3.10, with stops at 2.95, targeting 3.22–3.35 for a risk-reward of 1:2.5.
Confidence Rating: 7/10
Key Levels to Watch: 3.10 (support), 3.22 (resistance), 3.00 (breakdown invalidation), 3.35 (breakout target)
✅ Pre-Execution Checklist
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Confirm breakout/breakdown from range with volume > 20-day average
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Multi-timeframe confirmation (weekly candle close > 3.22 or < 3.00)
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Set hard stop based on structural invalidation, not percent loss
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Scale out profits near 3.22; hold runners for extension
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Monitor for sudden catalyst/news near quarter-end (June 30)
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: 3.71%
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