🧩 Chart Overview:
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Stock Name: GLOBAL INV
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Ticker: B73
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Exchange: SGX
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Timeframe: Daily (1D)
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Current Price: SGD 0.127
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Bid/Ask: 0.125 / 0.127
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Date of Last Candle: 2 June 2025
1. 📈 Trend Analysis
⏳ Market Phase:
Overall Trend: Gradual uptrend (Since late 2023).
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Higher Lows: 0.107 (Mar 2024), 0.108 (Jul 2024), 0.111 (Aug 2024), 0.116 (Sep/Oct), 0.117 (Mar 2025).
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Higher Highs: 0.120 (Jan), 0.124 (Feb), 0.127 (Apr), 0.130 (May).
Recent Behavior:
From March to June 2025, price has shown a tight consolidation breakout behavior near 0.127, with a brief push to 0.130, suggesting potential for an upward breakout if resistance is cleared.
2. 🔎 Key Price Action Signals
📍 Strong Trend Bars:
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Early April 2025: Bullish engulfing breaking above 0.124 resistance.
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Late May 2025: Break above 0.127, reaching 0.130, then a minor pullback.
⚠️ Reversal Patterns:
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Pin Bars at Support:
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Nov 2023 and Mar 2024 show long lower tails around 0.107–0.110, with clear demand stepping in.
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Bearish Reaction: Minor rejection at 0.130, with upper wick and lower close.
🔄 Inside/Doji Bars:
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Numerous inside bars and doji-type candles between Nov 2024 and Feb 2025 indicating tight consolidation before breakout above 0.124.
🔊 Volume Spikes:
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Mar 2025: Single-day volume spike (approx. 2x normal) at 0.117 support, with a strong green candle – clear accumulation signal.
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May 2025: Bullish candle on high volume breakout to 0.130.
Conclusion: Buyers are active at dips. Volume confirms accumulation near support and breakout levels.
3. 🧱 Support & Resistance Levels
Key Resistance:
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0.130: Recent swing high – minor rejection visible.
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0.127: Current closing price, previously a resistance (April), now being tested.
Key Support:
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0.121: Minor swing low.
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0.117: Key support with high-volume bounce.
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0.108–0.111: Long-term structural support zone.
4. 📤 Breakout & Pullback Analysis
Recent Breakouts:
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Break above 0.124 (Mar 2025): Followed by consolidation and breakout to 0.130 – bullish continuation.
Pullbacks:
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Pullbacks to 0.117 and 0.121 respected support and found buying interest.
Pattern:
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Ascending triangle forming from Jan to May 2025, breakout occurred in late May with a brief pullback.
5. 📐 Market Context & Trading Bias
Current Context:
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Transitional Ranging to Trending:
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2024 was largely range-bound.
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Late 2024 into 2025 shows emergence of an uptrend with breakouts and strong support.
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Trader Sentiment:
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Accumulation Phase Complete – Gradual increase in higher lows.
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Current sentiment: Cautiously bullish; breakout testing prior resistance as support.
6. 🔁 Supply, Demand & Liquidity Zones
Demand Zones:
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0.117–0.121: Clear signs of buying pressure and volume-supported rebounds.
Supply Zones:
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0.127–0.130: Supply reacting, as price hit 0.130 and showed upper wick rejection.
Liquidity Note: Relatively low liquidity (2-tick spread) with small candles; requires cautious sizing.
7. 🎯 Risk Management Strategy
✅ Entry Ideas:
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Breakout Play: Buy above 0.130 with volume confirmation.
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Pullback Buy: Near 0.121–0.124 support zone.
❌ Stop-Loss:
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Below 0.117, invalidates recent demand zone.
🎯 Targets:
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Short-Term: 0.130 → 0.135.
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Medium-Term: 0.140+ possible if 0.130 decisively breaks.
Risk-Reward (on breakout):
Entry at 0.131, SL 0.121, Target 0.140 → R:R ~ 0.9:1
Better entry on pullback improves ratio.
8. 📰 Company News (Past 3 Months)
🗓 April 29, 2025 – Source: Business Times SG
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Headline: "Global Inv reports steady NAV growth; focuses on yield-enhancing assets"
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Summary: Company noted consistent NAV growth and asset acquisition, favoring steady income-generating assets. Market responded modestly positively.
🗓 March 12, 2025 – Source: SGX Newswire
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Headline: "Global Inv declares unchanged dividend for FY 2024"
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Summary: Dividend maintained; income investors may view this as stability, not a growth signal.
🗓 May 15, 2025 – Source: Investor One SG
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Headline: "Global Inv shares test breakout on improving portfolio metrics"
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Summary: Analysts highlighted better yields from portfolio companies and improved gearing ratios.
News Sentiment: Neutral to Mildly Bullish (No disruptive or high-impact events; investors attracted by steady returns.)
🔚 Summary & Final Bias
| Timeframe | Bias | Key Observation |
|---|---|---|
| Short-Term | Neutral-Bullish | 0.127 resistance retested; breakout setup possible. |
| Mid-Term | Bullish | Higher lows/higher highs forming, with volume support and 0.130 in reach. |
| Long-Term | Accumulation → Bullish | Base formed from late 2023; structural breakout pattern underway. |
💡 Final Call:
A bullish bias is supported by:
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Volume-backed breakouts
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Solid support re-tests
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Transition from range to trend
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Positive structural improvements per news
However, confirmation above 0.130 is crucial before more aggressive long entries. Patience is key for cleaner risk-reward setups on pullbacks.
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: 6.30%
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