Stock: YZJ FIN HLDG (Code: SGX:YF8)
Timeframe: Daily (1D)
Date of last candle: Friday, 30 May 2025
Exchange: Singapore Exchange (SGX)
1. 📈 Trend Analysis
🔹 Primary Trend:
Uptrend — From mid-January 2025 to mid-April 2025, the price exploded from ~0.40 to a high of 0.810, establishing a series of higher highs and higher lows. The primary uptrend is now consolidating.
🔹 Current Structure:
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Higher Highs: 0.445 → 0.625 → 0.810
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Higher Lows: 0.390 → 0.395 → 0.625
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Since mid-April, a sideways consolidation range has emerged between ~0.625 and ~0.75.
🔹 Trend Weakness Signals:
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Decreasing bar range and volume post-0.810 peak.
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Overlap and choppy structure starting mid-April → suggests buyer exhaustion and indecision.
2. 📊 Key Price Action Signals (Bar-by-Bar Highlights)
🔸 Significant Volume & Price Bars:
🔹 October 2024:
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Spike bar at 0.445 (early Oct):
Large green candle with high volume, near top close, signaling a bullish breakout from a previous range (~0.30–0.35).
➤ Follow-through confirmed for short-term rally.
🔹 January–March 2025:
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Feb 2025 - Strong Run-Up:
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A cluster of consecutive large-bodied green bars with strong volume increases.
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Minimal wicks: confirms buyer dominance.
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Volume builds up into March – classic momentum surge.
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Late March 2025:
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Several very tall green bars, closing near highs → climactic buying behavior.
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Peak bar before 0.810 is a high-volume pin bar (long upper wick) → buyer exhaustion signal.
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🔹 April 2025:
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Gap Down on Pullback:
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Gap from ~0.75 to ~0.67 with a high-volume red bar.
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Closing near the low — confirms strong sell-off.
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Low at 0.625 becomes critical swing support.
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This zone sees buyers step in with moderate conviction.
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🔹 May 2025:
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Price stabilizes between 0.70 and 0.75.
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Multiple small-bodied candles with upper/lower wicks → signs of indecision.
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Volume is mixed, without conviction.
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Inside bars and dojis common → consolidation confirmed.
3. 🧱 Support & Resistance Zones
🔹 Support Levels:
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0.625 → Swing low after heavy sell-off (April).
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0.395–0.410 → Previous base before breakout in Jan.
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0.30–0.35 → Multi-month base, long-term support zone.
🔹 Resistance Levels:
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0.750–0.760 → Current resistance ceiling; price rejected multiple times.
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0.810 → All-time high; next major breakout point.
4. ⚔️ Breakout & Pullback Analysis
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Breakout to 0.810 was strong (large green bars, expanding volume).
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Pullback to 0.625 was sharp and corrective.
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Bearish engulfing bar on high volume.
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No continuation of selling after 0.625; instead, sideways action → absorption likely.
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No clean breakout above 0.75 yet → multiple failures suggest a weakened bullish structure short-term.
5. 🧠 Market Context & Trader Psychology
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Transitioning from bullish trend to consolidation.
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Traders are now in a wait-and-see mode, with lower participation.
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Emotional cues:
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Greed → Climax → Fear (0.625 pullback) → Caution (now)
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6. ⚖️ Supply, Demand & Liquidity Analysis
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Strong Demand Zones:
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0.395–0.410 (Feb base)
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0.625 (recent defended low)
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Supply Zones:
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0.750–0.810 → heavy profit-taking and resistance
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Liquidity Trap Warning:
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Multiple false breakouts at 0.750 → could trap late longs
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🔸 Potential Trade Setups:
✅ Pullback Buy:
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Buy near 0.625–0.650, stop below 0.615.
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Target: 0.750 short-term; 0.810+ medium-term.
✅ Breakout Play:
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Long above 0.765, confirmation volume required.
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Target: 0.810, then 0.88 (projected move).
🚫 Reversal Trade:
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Short below 0.625, on breakdown confirmation.
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Target: 0.545 (first major support).
7. 🛡️ Risk Management Strategy
🔹 For Long Setup:
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Entry: 0.725 breakout, or 0.650 pullback.
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Stop-loss: 0.615 (below 0.625 structure).
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Profit Targets:
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TP1: 0.750
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TP2: 0.810
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TP3: 0.88 (Fibonacci extension)
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🔹 For Short Setup:
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Entry: Breakdown below 0.625.
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Stop-loss: 0.675 (above resistance).
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Profit Targets:
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TP1: 0.545
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TP2: 0.410
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8. 🗞️ Company News (Last 3 Months)
✅ News Search Summary:
📰 [29 April 2025 – Business Times]
Title: YZJ Financial posts strong Q1 results, net profit up 45% YoY
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Revenue jump due to increased shipping leasing and lending activity.
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Management signals focus on regional expansion and fintech lending.
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Boosted investor confidence and triggered April buying before pullback.
📰 [17 May 2025 – Straits Times]
Title: YZJ Financial to issue new perpetual bonds to fund fintech division
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Mixed market reaction: dilution concerns vs. growth investment.
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Could explain May's sideways movement — investors assessing dilution impact.
🔚 Final Summary & Trading Bias
📌 Short-Term Bias (1–2 weeks): Neutral to Mild Bullish
Price is consolidating, forming a potential base near 0.725. No strong breakout yet.
📌 Medium-Term Bias (1–3 months): Cautiously Bullish
If price breaks 0.750–0.765 with volume, 0.810 retest and breakout possible.
📌 Long-Term Bias (3–6+ months): Bullish
Fundamentals are improving; consolidation appears healthy. Break above 0.810 sets path to 0.88–0.90.
✅ Recommendation: Wait for Breakout or Pullback Buy Entry
Volume and candle structure must confirm commitment. Be cautious of false breakouts near 0.750.
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: 3.03%
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