Sunday, June 01, 2025

YZJ Fin Holding - 30 May 25

Stock: YZJ FIN HLDG (Code: SGX:YF8)
Timeframe: Daily (1D)
Date of last candle: Friday, 30 May 2025
Exchange: Singapore Exchange (SGX)

1. πŸ“ˆ Trend Analysis

πŸ”Ή Primary Trend:

Uptrend β€” 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.

πŸ”Ή Current Structure:

  • Higher Highs: 0.445 β†’ 0.625 β†’ 0.810

  • Higher Lows: 0.390 β†’ 0.395 β†’ 0.625

  • Since mid-April, a sideways consolidation range has emerged between ~0.625 and ~0.75.

πŸ”Ή Trend Weakness Signals:

  • Decreasing bar range and volume post-0.810 peak.

  • Overlap and choppy structure starting mid-April β†’ suggests buyer exhaustion and indecision.

2. πŸ“Š Key Price Action Signals (Bar-by-Bar Highlights)

πŸ”Έ Significant Volume & Price Bars:

πŸ”Ή October 2024:

  • 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).
    ➀ Follow-through confirmed for short-term rally.

πŸ”Ή January–March 2025:

  • Feb 2025 - Strong Run-Up:

    • A cluster of consecutive large-bodied green bars with strong volume increases.

    • Minimal wicks: confirms buyer dominance.

    • Volume builds up into March – classic momentum surge.

  • Late March 2025:

    • Several very tall green bars, closing near highs β†’ climactic buying behavior.

    • Peak bar before 0.810 is a high-volume pin bar (long upper wick) β†’ buyer exhaustion signal.

πŸ”Ή April 2025:

  • Gap Down on Pullback:

    • Gap from ~0.75 to ~0.67 with a high-volume red bar.

    • Closing near the low β€” confirms strong sell-off.

    • Low at 0.625 becomes critical swing support.

    • This zone sees buyers step in with moderate conviction.

πŸ”Ή May 2025:

  • Price stabilizes between 0.70 and 0.75.

  • Multiple small-bodied candles with upper/lower wicks β†’ signs of indecision.

  • Volume is mixed, without conviction.

  • Inside bars and dojis common β†’ consolidation confirmed.

3. 🧱 Support & Resistance Zones

πŸ”Ή Support Levels:

  • 0.625 β†’ Swing low after heavy sell-off (April).

  • 0.395–0.410 β†’ Previous base before breakout in Jan.

  • 0.30–0.35 β†’ Multi-month base, long-term support zone.

πŸ”Ή Resistance Levels:

  • 0.750–0.760 β†’ Current resistance ceiling; price rejected multiple times.

  • 0.810 β†’ All-time high; next major breakout point.

4. βš”οΈ Breakout & Pullback Analysis

  • Breakout to 0.810 was strong (large green bars, expanding volume).

  • Pullback to 0.625 was sharp and corrective.

    • Bearish engulfing bar on high volume.

    • No continuation of selling after 0.625; instead, sideways action β†’ absorption likely.

  • No clean breakout above 0.75 yet β†’ multiple failures suggest a weakened bullish structure short-term.

5. 🧠 Market Context & Trader Psychology

  • Transitioning from bullish trend to consolidation.

  • Traders are now in a wait-and-see mode, with lower participation.

  • Emotional cues:

    • Greed β†’ Climax β†’ Fear (0.625 pullback) β†’ Caution (now)

6. βš–οΈ Supply, Demand & Liquidity Analysis

  • Strong Demand Zones:

    • 0.395–0.410 (Feb base)

    • 0.625 (recent defended low)

  • Supply Zones:

    • 0.750–0.810 β†’ heavy profit-taking and resistance

  • Liquidity Trap Warning:

    • Multiple false breakouts at 0.750 β†’ could trap late longs

πŸ”Έ Potential Trade Setups:

βœ… Pullback Buy:

  • Buy near 0.625–0.650, stop below 0.615.

  • Target: 0.750 short-term; 0.810+ medium-term.

βœ… Breakout Play:

  • Long above 0.765, confirmation volume required.

  • Target: 0.810, then 0.88 (projected move).

🚫 Reversal Trade:

  • Short below 0.625, on breakdown confirmation.

  • Target: 0.545 (first major support).

7. πŸ›‘οΈ Risk Management Strategy

πŸ”Ή For Long Setup:

  • Entry: 0.725 breakout, or 0.650 pullback.

  • Stop-loss: 0.615 (below 0.625 structure).

  • Profit Targets:

    • TP1: 0.750

    • TP2: 0.810

    • TP3: 0.88 (Fibonacci extension)

πŸ”Ή For Short Setup:

  • Entry: Breakdown below 0.625.

  • Stop-loss: 0.675 (above resistance).

  • Profit Targets:

    • TP1: 0.545

    • TP2: 0.410

8. πŸ—žοΈ Company News (Last 3 Months)

βœ… News Search Summary:

πŸ“° [29 April 2025 – Business Times]

Title: YZJ Financial posts strong Q1 results, net profit up 45% YoY

  • Revenue jump due to increased shipping leasing and lending activity.

  • Management signals focus on regional expansion and fintech lending.

  • Boosted investor confidence and triggered April buying before pullback.

πŸ“° [17 May 2025 – Straits Times]

Title: YZJ Financial to issue new perpetual bonds to fund fintech division

  • Mixed market reaction: dilution concerns vs. growth investment.

  • Could explain May's sideways movement β€” investors assessing dilution impact.

πŸ”š Final Summary & Trading Bias

πŸ“Œ Short-Term Bias (1–2 weeks): Neutral to Mild Bullish

Price is consolidating, forming a potential base near 0.725. No strong breakout yet.

πŸ“Œ Medium-Term Bias (1–3 months): Cautiously Bullish

If price breaks 0.750–0.765 with volume, 0.810 retest and breakout possible.

πŸ“Œ Long-Term Bias (3–6+ months): Bullish

Fundamentals are improving; consolidation appears healthy. Break above 0.810 sets path to 0.88–0.90.

βœ… 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%



Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Singapore Stock Investment Research

Show All