Credit Bureau Asia - 31 Jul 25

CREDITBUREAUASIA (SGX: TCU) – DAILY CHART ANALYSIS (31 JULY 2025)
Chart Timeframe & Period: Daily; ~10 months (Oct 2024 – Jul 2025)
Number of Bars: ~200
Last Traded Price: 1.39 SGD
Regime Classification: Transitioning from Range to Potential Breakout

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🔍 Highest Conviction Observations

1. Macro Market Structure Shift: Range to Breakout Attempt

• Clear horizontal structure from Dec 2024 to Jul 2025 between 1.16 support and 1.38–1.40 resistance.

• Most recent candle closes at 1.39, re-testing major horizontal resistance at 1.40, previously tested in early May 2025.

• No clear higher high yet beyond the 1.40 swing top — confirmation needed for full breakout classification.

2. High Volume + Small Range = Institutional Absorption

• Final bar (31 Jul) shows notable volume surge but very tight price spread (1.39 close) = Absorption likely at resistance.

• Institutional presence suspected — testing supply before breakout or shaking out premature longs.

• Historical behavior supports this: prior high-volume bars (Apr and May 2025) also failed to break out, suggesting distribution zones were present.

3. Volume-Price Relationship Indicates Test of Resistance

• Volume expansion into resistance without full breakout = caution for bull trap potential.

• No volume divergence detected yet – volume is increasing into the move (bullish if confirmed).

• Note: Previous high-volume candles in April led to immediate reversals (e.g., 1.34 → 1.16 sharp sell-off), hinting at supply just above.

4. Liquidity Grab Watch Above 1.40

• Strong likelihood of liquidity spike above 1.40 to trigger stops and test hidden supply.

• Expect potential false breakout (Upthrust) followed by fade back into range if no follow-through on volume.

5. Recent Bar Structure: Strength Building

• Past 7–10 sessions formed a tight coiling pattern (mini flag) between 1.34–1.38.

• Breakout candle on Jul 30 was wide-range and high-volume, followed by current absorption bar (Jul 31), showing potential displacement move initiation.

• Suggests Smart Money preparing to mark up if follow-through occurs above 1.40 with sustained volume.

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📊 Key Technical Levels

Level	Type	Reasoning
1.40	Resistance	Multi-month range top & double top zone
1.38	Short-term Support	Recent breakout point — watch for throwback
1.31	Range Midpoint	Minor support inside prior structure
1.16	Major Support	Key demand zone tested multiple times
1.44–1.48	Target Zone	Projected range expansion (R = H-L = 1.40 - 1.16 = 0.24) added to breakout point

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📉 Risk Management Framework

• Stop Loss: Below 1.38 (invalidates breakout thesis)

• Target 1: 1.44 (measured move projection)

• Target 2: 1.48 (extended projection)

• Risk-Reward Estimate: Approx. 1:3 if entered at 1.39, stop at 1.37, target 1.44

• Caution: Wait for clean breakout AND retest confirmation or strong follow-through volume to validate entry

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🔮 Forward-Looking Bias

• Bullish bias if 1.40 is decisively cleared with wide-range candle + volume expansion (> last 3-day average).

• Neutral bias if price stalls or reverses from 1.40, suggesting continued range behavior.

• Bearish fade possible if false breakout confirmed via lower close back into 1.36 zone.

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✅ Pre-Execution Checklist

• Clean breakout above 1.40 with volume > 2x 10-day average

• No immediate rejection wick or strong selling above 1.40

• Retest of 1.38–1.39 with low volume and successful bounce

• Broader market/sector support for upside continuation

• News/catalyst alignment (if any) for sustainable move

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Trade Summary Format:
Buying CREDITBUREAUASIA (SGX: TCU) because price is testing multi-month resistance at 1.40 with institutional absorption and volume expansion, with stops at 1.37 targeting 1.44 for 1:3 risk-reward ratio.
Confidence Rating: 7/10
Key Levels to Watch: 1.40 (breakout), 1.38 (retest), 1.44 (target), 1.16 (invalidator)

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:   2.88%

SIA Eng - 31 Jul 25

SIA Engineering (SGX: S59) – Daily Chart Analysis (31 July 2025)
Timeframe: 1D
Analysis Period: ~9 months (~200 bars)
Last Traded Price: 3.07 SGD

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🔍 Current Market Regime: Transitioning from Trending to Potential Reversion (early Distribution signs)

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📌 Highest Conviction Observations:

1. Major Trend Structure & Recent Break of Momentum

   • Swing Low: 1.87 (April 2025), followed by strong uptrend.

   • Swing High: 3.28 (July 2025) marks the current major high.

   • First Clear CHoCH: Break below 3.15 minor support with expanding red bars = initial structural weakness.

   • Momentum Decay Evident: Smaller-bodied green bars transitioning into wide-range red bars; volatility expanding with bearish pressure.

2. Volume-Price Relationship Breakdown

   • Climactic Volume at 3.28 Top: Volume spike on July 10–12 with rejection wicks = potential buying climax.

   • High Volume Wide Range Down Bars (HV WRB): Several strong down days post-3.40 with expanding volume = professional selling.

   • Absorption Identified: On July 24 and 26, notable volume with minimal upward movement = institutional distribution pattern.

3. Institutional Footprint & Liquidity Analysis

   • Liquidity Grab at 3.40+: Quick upside fake-out beyond prior resistance zone into thin liquidity, followed by sharp reversal.

   • Fair Value Gap (FVG) Zone: 3.12–3.20 remains untested with minimal price interaction; likely revisit for mitigation.

   • Order Block Zone: Bearish order block formed at 3.20–3.28 (July 15–18) = area of institutional sell interest.

4. Reversal Bar Clusters & Transition Signals

   • Bearish Engulfing + Wide Red Bars: July 25–30 bars confirm reversal.

   • Inside Bar Breakdown: Narrow range compression July 21–24 followed by range expansion confirms breakdown.

   • Outside Bar on July 29: Failure to reclaim midpoint; closing weak shows continuation.

5. Psychological & Volume Anchors

   • Round Number Support Test at 3.00: Current price testing psychological and historical congestion.

   • Volume Spike near 3.05: Potential demand stepping in—but no confirmation of reversal yet. Requires further testing or reversal bar setup.

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📉 Price Structure & Key Levels

• Support Zones:

  • 3.00 (psychological & minor historical structure)

  • 2.87–2.90 (prior minor pullback from early June)

  • 2.50 (gap origin / pre-trend launch point)

• Resistance Zones:

  • 3.20–3.28 (distribution zone / order block)

  • 3.40 (failed breakout zone)

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📊 Risk-Adjusted Setup Mapping

• Current Bias: Short-biased with caution near 3.00 – price is at key support.

• Stop Placement for Short Entry: Above 3.28 distribution high.

• Profit Target Zones:

  • TP1: 2.90

  • TP2: 2.60

• Potential RRR: 1:2.5 if short near 3.10–3.15 with stop at 3.30 and target at 2.60.

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🔭 Forward Outlook & Confluence Zones

• Watch for Reaction at 3.00: Weak bounce = continuation; strong rejection bar with rising volume = possible temporary low.

• Gap Fill Potential: Downside vacuum remains toward 2.60–2.70 zone if 3.00 fails.

• Higher Timeframe Alignment: Weekly trend remains bullish, but daily shows intermediate correction – MTF compression nearing.

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✅ Summary Trade Sentence Format:

Selling SIA Engineering (S59) because of confirmed distribution at 3.28 with breakdown from key support at 3.15, with stops at 3.30 targeting 2.60 for 1:2.5 risk-reward,
Confidence Rating: 7/10

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🎯 Key Levels to Watch

• Support: 3.00 / 2.87 / 2.60

• Resistance: 3.15 / 3.28 / 3.40

• Volume Markers: High volume near 3.05 needs confirmation for reversal attempt.

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🧾 Execution Checklist:

• Confirm bearish follow-through below 3.00

• Watch volume behavior on bounce attempts

• Align with sector and broader SGX sentiment

• Avoid chasing; look for retracements to short from supply 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:  2.61%

iFast - 30 Jul 25

IFAST Corporation (SGX:AIY) | Daily Chart | Analysis Date: 30 July 2025
Analysis Period: ~9 months (Nov 2024 – Jul 2025) | Bars Analyzed: ~180
Last Traded Price: SGD 8.88

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CURRENT MARKET REGIME: STRONG UPTREND / POTENTIAL CLIMACTIC MOVE

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HIGH-CONVICTION OBSERVATIONS

1. Macro Structure – Uptrend Confirmation

   • Swing Highs (SH): 7.93 → 8.83 → [8.88 current]

   • Swing Lows (SL): 7.18 → 6.18 → 6.67 → 6.38 (higher lows forming)

   • Break of structure occurred post-6.67 → 7.23 breakout, followed by an explosive rally—indicating a trend acceleration phase.

   • Current rally displays displacement behavior: minimal retracement, consistent higher closes.

2. Volume-Price Relationship – Climax Behavior Detected

   • Last 3 bars show vertical price movement with expanding volume, especially today’s candle:

     • Wide Range + High Volume = professional activity OR terminal move.

     • Possible Buying Climax (BC) forming; price has surged ~40%+ in under 10 sessions.

   • Compare to prior highs: volume at 8.83 was strong but lacked this degree of verticality, suggesting institutional interest has returned aggressively.

3. Institutional Footprints – Demand Imbalance & Fair Value Gap

   • Strong order block demand zone identified at 6.38–6.67, confirmed by tight consolidation and sharp rejection.

   • Price now far above recent demand—indicating possible Fair Value Gap between 7.25–8.00 that may require filling on pullback.

   • Last significant liquidity grab likely at 6.18–6.38 zone (May lows), setting up base for current impulse move.

4. Bar Pattern & Breakout Structure

   • Recent session formed a breakaway gap with no overlap from prior candle—high probability of institutional markup phase.

   • No reversal bars yet; no pin bars, doji, or outside reversal patterns—momentum intact.

   • Current bar is a bullish Marubozu (no wick), with significant bullish conviction.

5. Psychological & Structural Levels

   • Price broke through prior highs (8.83, Mar 2025) with aggressive volume, confirming psychological clearance of resistance.

   • Next potential magnet: round number SGD 9.00, followed by measured move projection:

     • Prior impulse: 6.67 → 8.83 = +2.16

     • Projected target if breakout holds = 8.83 + 2.16 = 10.99

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MULTI-TIMEFRAME CONFLUENCE

• Weekly likely showing strong breakout from 6-month accumulation range.

• Strong confluence between daily BOS and potential weekly demand shift.

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RISK-MANAGEMENT PARAMETERS

• Stop Loss Zone: Below recent breakout zone (≈7.50) or conservative trailing stop below 8.00 psychological area.

• Target Zones:

  • Initial: 9.50 (psychological magnet)

  • Extended: 10.99 (measured move)

• Minimum RR Setup:

  • Entry: 8.88

  • Stop: 7.50

  • Target: 10.99

  • RR ≈ 1:3

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FORWARD-LOOKING BIAS

• Expectation of short-term continuation, but risk of terminal move pullback is high.

• Strong hands likely to begin distribution above 9.00–9.50, monitor volume shift and reversal candles.

• Watch for FVG reversion pullbacks toward 8.00–7.50 for high-RR re-entry opportunities.

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TRADE SUMMARY FORMAT

Buying IFAST (SGX:AIY) because of a strong institutional breakout above multi-month resistance with wide-range bullish candles and volume confirmation, with stops at 7.50 targeting 10.99 for a 1:3 risk-reward ratio.
Confidence Rating: 8.5/10

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KEY LEVELS TO WATCH

• Support: 8.00 / 7.50 / 6.67 (prior BOS)

• Resistance: 9.00 / 9.50 / 10.99

• Volume Watch: Dry-up on consolidation or surge with reversal wicks

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✅ TRADE EXECUTION CHECKLIST

• Confirm no bearish reversal bar on next session

• Watch pre-market volume and gap behavior

• Adjust position sizing to reflect extended move risk

• Consider partials at 9.50 for profit-locking

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:  0.70%

UOB Kay Hian - 30 Jul 25

• Stock: UOB Kay Hian (SGX: U10)

• Timeframe: Daily

• Analysis Period: ~9 months (Oct 2024 – Jul 30, 2025)

• Number of Bars: ~190

• Last Traded Price: 2.39 SGD

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🔍 1. Market Structure & Order Flow Analysis

• Primary Structure: Strong uptrend, recently accelerating into parabolic territory.

• Swing Highs/Lows:

  • HH: 2.65 (recent peak)

  • HLs: 1.65 → 1.77 → 2.03 → explosive rally to 2.65

• BOS: Confirmed bullish BOS above 2.03 (July breakout)

• CHoCH Potential: Watch for CHoCH if price breaks below 2.20 (minor HL zone).

• Trend Momentum: Peaked — recent bars show increasing range with volume, then abrupt downside bar suggesting momentum exhaustion.

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🏦 2. Institutional vs. Retail Behavior

• Absorption Evidence:

  • Late May–June: multiple tight-range bars with above-average volume near 1.84 → institutional absorption before breakout

• Climactic Volume:

  • July 26–29: wide range, high volume bars → potential buying climax

• Shakeout Risk:

  • Today’s bar (Jul 30) shows sharp downside rejection from highs, likely flushing weak hands.

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📈 3. Volume-Price Relationship (VPR)

• Volume Spike:

  • Volume surged on the breakout above 2.03 (mid-July), followed by two high-volume bearish candles — volume divergence suggests distribution.

• Wide Range Down Bar (Jul 30):

  • High volume, long body = potential professional selling

• Volume Cluster:

  • Heavy volume between 2.30–2.65 — may act as a supply zone moving forward.

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🧠 4. Institutional Footprints

• Liquidity Grab:

  • Break above 2.50 on Jul 29 likely served as a liquidity sweep triggering buy stops → immediate reversal

• Order Block:

  • Final bullish candle before sharp move down near 2.50–2.60 = potential bearish OB

• Displacement:

  • July breakout from 2.03 → 2.65 is a clear displacement, now under retracement phase

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📉 5. Bar Pattern Recognition

• Reversal Bars:

  • Jul 29–30: two-bar bearish engulfing setup post-climax

• Continuation Failures:

  • Price failed to sustain above 2.60, printing lower highs = reversal probability increasing

• Doji/Indecision:

  • No true dojis here, but current body structure leans bearish continuation

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⏱ 6. Multi-Timeframe Confluence

• Likely Weekly Overbought Zone:

  • Based on daily parabolic run, weekly structure likely hitting long-term resistance

• Watch for weekly confirmation:

  • If this week closes below 2.30 → weekly CHoCH likely confirmed

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🔢 7. Psychological Levels

• Round Number Influence:

  • 2.50 and 2.00 acted as psychological magnets

• Today’s Close at 2.39:

  • Holding just above 2.35–2.38 intraday structure — watch 2.30–2.35 for support test

• ATR Expansion:

  • Bar range has sharply widened = volatile regime shift

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🛡 8. Risk-Adjusted Setup Identification

• Potential Short Setup:

  • Entry near 2.39 if pullback fails to reclaim 2.50

  • Stop-loss: above 2.65 (failed breakout high)

  • Target 1: 2.20 (minor HL support)

  • Target 2: 2.03 (key breakout base)

  • RR: ~1:2.5 to 1:3 if managed correctly

• Caution: Volatility elevated, use reduced sizing

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🧭 9. Market Regime

• Current Regime: Transitioning from Trend to Distribution

  • Evidence: Wide range bars, climactic volume, failed breakout, engulfing reversal

  • Bias: Bearish correction or range consolidation likely

✅ Forward Bias & Execution Plan

• Bias: Short-term bearish retracement/correction

• Key Support: 2.30 → if breaks, opens 2.03 retest

• Key Resistance: 2.50–2.60 (supply zone)

• Structural Breakdown Zone: Below 2.20 confirms short-term trend reversal

• Volume Control Point: Monitor activity near 2.35 — acts as volume node

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📌 Trade Summary Format

Selling UOB Kay Hian (SGX: U10) because a climactic volume breakout failed with bearish engulfing bar and supply zone rejection, with stops at 2.66, targeting 2.03 for approx. 1:3 RR.
Confidence Rating: 8/10

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✅ Checklist Before Execution

• Confirm breakdown below 2.35 on volume

• Align with broader SGX index tone

• Monitor if 2.50 is retested and rejected

• Risk manage with adjusted sizing (due to volatility)

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:  3.85%

Global Inv - 29 Jul 25

• Stock Name & Ticker: GLOBAL INV, SGX:B73

• Timeframe: Daily (1D)

• Analysis Period: ~10 months (Oct 2024 – 29 Jul 2025)

• Total Bars in Period: ~200

• Last Traded Price: SGD 0.130

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Current Market Regime: Transitioning from Accumulation to Breakout Attempt

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High-Conviction Observations

1. Market Structure & Order Flow

• Swing Highs (SH): 0.121 → 0.124 → 0.127 → 0.130 → [New Break at 0.130]

• Swing Lows (SL): 0.117 → 0.119 → 0.121 → Higher Lows Intact → Bullish structure forming

• Recent BOS: Break above 0.130 attempts to breach the horizontal resistance band formed since April.

• Structure Type: Former tight range resolving into an emerging uptrend, suggesting early-stage trend formation.

• Bar Range Behavior: Recently expanding ranges on up bars with reduced overlap—trend momentum building.

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2. Volume-Price Relationship (VPR)

• Volume Expansion: Recent up-bar breaking 0.130 showed clear volume increase, validating breakout interest.

• Previous Volume Clusters: Notable volume spikes on 0.117 low (Feb & Mar) signaling possible institutional accumulation zone.

• Absorption Signatures: March–May consolidation showed tight bars with medium volume, indicative of supply absorption before lift-off.

• Volume Dry-Up: June–early July saw a volume lull near 0.128–0.130 resistance—classic breakout prep phase.

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3. Institutional Footprint Recognition

• Order Block Formation: Feb & Mar lows near 0.117 followed by strong demand-led candles—potential bullish order block.

• Fair Value Gaps (FVG): Minor FVG observed between 0.123–0.125 from early April likely to act as demand revisit zone if pullback occurs.

• Displacement Candle: Today’s break bar shows wide range with volume lift—early displacement behavior.

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4. Bar Pattern Recognition

• Current Bar: Wide range green candle closing at high with volume expansion — bullish breakout bar.

• Pattern Evolution: Multi-bar tight compression (early July) → breakout bar today = coiled energy released.

• Prior Consolidation: Series of narrow-body bars in July = volatility contraction.

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5. Multi-Timeframe Confluence & Psychological Levels

• Higher Timeframe Bias: Likely in reaccumulation zone on weekly timeframe; price compressing under resistance.

• Psychological Price Point: 0.130 round number—current key breakout level.

• ATR Observation: This bar’s range exceeds recent ATR levels—momentum ignition behavior.

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Forward-Looking Bias & Execution Zone Parameters

Trade Summary Format:

Buying GLOBAL INV (SGX:B73) because price has broken out of a multi-month accumulation base with volume confirmation, with stops at 0.125 targeting 0.138–0.140 for 1:3+ risk-reward ratio.

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Confidence Rating: 8/10

Based on structure breakout, volume validation, and psychological level confluence.

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Key Levels to Watch:

• Support: 0.125 (structure support), 0.121 (prior SH pivot), 0.117 (institutional block zone)

• Resistance/Target Zone: 0.138 (measured move), 0.140 (next psychological barrier)

• Break Confirmation: Needs second day follow-through above 0.130 to confirm strength

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Execution Checklist:

• ✅ Breakout bar with volume expansion

• ✅ Higher low structure intact

• ✅ Psychological breakout level cleared

• ✅ Low-risk entry near 0.130 breakout

• 🔄 Await continuation/failure signal next 1–2 bars

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:  6.15%

YZJ Fin Holding - 28 Jul 25

Technical Analysis Report
Stock: YZJ FIN HLDG (SGX:YF8)
Chart Timeframe: Daily (1D)
Date Range: October 2024 – July 28, 2025
Bars Analyzed: Approx. 200+

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🔎 Current Market Regime: Strong Bullish Trend (Trending Regime)

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Top 5 High-Conviction Observations:

1. Market Structure & Trend Momentum

• Swing Lows (SL): 0.395 → 0.625 → 0.680 → 0.875

• Swing Highs (SH): 0.445 → 0.810 → 0.760 (lower high), then a BOS at 0.875 → 0.940 (current high)

• Break of Structure (BOS): Clear BOS above 0.810 after consolidation between May–June

• Trend Acceleration: March–April rally shows increasing bar size and volume (institutional push), followed by tight consolidation and new impulsive move in July—indicates strong continuation.

2. Volume-Price Relationship (VPR)

• Volume Expansion: Large green bars with volume spike during July breakout from 0.735-0.875 zone = institutional breakout validation

• Volume Dry-Up (May–June): Tight range with declining volume near 0.695–0.735 = absorption and re-accumulation phase

• Recent Volume Consistency: Recent climb from 0.875 to 0.940 accompanied by steady rising volume, not parabolic = healthy advance

3. Institutional Footprint Evidence

• Liquidity Grab at 0.680: Price swept below May low (~0.695) then reversed with sharp up-move, classic spring setup

• Order Block Zone: Bullish demand block established around 0.680–0.735; strong bullish reaction afterward

• Displacement Move: Strong directional bars in mid-July with minimal retracement confirm institutional momentum shift

4. Bar Pattern & Price Behavior

• Continuation Bars: Series of narrow-bodied inside bars post-breakout (0.875–0.910) showing healthy consolidation; no sharp rejections or long wicks

• Measured Move Target: Initial impulse (0.680 to 0.875 = 0.195); projected from breakout (0.875 + 0.195 = target ~1.070)

• No Reversal Bars: Absence of shooting stars or bearish engulfing indicates strong buyer control near highs

5. Confluence & Risk Zones

• Psychological Level Resistance: Testing the SGD 1.00 psychological round number soon

• Key Support Zone: 0.875–0.910 = previous breakout resistance now acting as support

• Stop-Loss Zone: Just below 0.875 (invalidates breakout structure)

• Risk-Reward Estimate: Entry near 0.940, stop at 0.865, target 1.070 = ~1:2 R:R

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Key Price Levels

Level	Type	Rationale
1.070	Measured Move Target	Projection from breakout
1.000	Psychological Resistance	Round number barrier
0.940	Current Price	Testing new highs
0.875–0.910	Support Zone	Recent breakout base
0.680	Major Swing Low	Spring / order block base

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Forward Bias & Key Watchpoints

• Bias remains bullish unless 0.875 fails

• Watch volume behavior near 1.000 – break above with expansion = next leg likely

• A pullback to 0.910–0.875 range on low volume would offer a potential reload zone

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Trade Summary Sentence

Buying YF8 because of confirmed institutional breakout from accumulation base at 0.735 with stops at 0.865 targeting 1.070 for a 1:2 risk-reward ratio.
Confidence Rating: 8.5 / 10
Key Levels to Watch: Support at 0.875, breakout continuation above 0.945, resistance at 1.000 and 1.070

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✅ Pre-Execution Checklist

• Volume confirms breakout? ✅

• Stop below structure? ✅

• Measured move aligns with market structure? ✅

• Risk/reward > 1:2? ✅

• No reversal bars at highs? ✅

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:  2.34%

Aztech Global - 25 Jul 25

Technical Analysis Report: AZTECH GBL (SGX: 8AZ) — Daily Chart (Oct 2024 – 26 Jul 2025)
Total Bars Analyzed: ~200 bars
Current Price: SGD 0.680 (+4.62%)

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1. Market Regime Classification: Transition → Emerging Uptrend

• Transitional Structure after steep markdown to SGD 0.495 low in May 2025.

• Current leg shows signs of early uptrend formation with higher highs/lows from June to July.

• Breakout attempt through prior lower high resistance at SGD 0.610 confirmed with bullish momentum candle on increasing volume.

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2. Highest Conviction Observations

🔹 Structural Shift & Order Flow

• Swing Low (SL): 0.495 → 0.530 → 0.550 (ascending)

• Swing High (SH): 0.610 broken cleanly → current bar testing 0.680

• Change of Character (CHoCH) evident at 0.610 breakout; suggests end of accumulation

• BOS confirmation above 0.610 with today’s candle; next key resistance: 0.685–0.730

🔹 Volume-Price Dynamics

• Volume expansion on breakout bar (25 Jul) + wide range body → indicates institutional follow-through

• Prior consolidation between 0.495–0.610 showed volume clusters near 0.530 and 0.550 (likely accumulation)

• No divergence observed – price and volume aligned bullishly

🔹 Institutional Footprint

• Possible Order Block near 0.550–0.565 zone (prior down bar before sharp rally)

• Fair Value Gap (FVG) between 0.565–0.610 from impulsive breakout candle

• Displacement move now in play – strong bullish leg with minor pullbacks

🔹 Bar Pattern Recognition

• Last 3 bars show tight rising range with strong bodies → confirms momentum continuity

• No exhaustion wick yet on current bar, indicating rally may still have fuel

• No reversal signals visible yet – buyers in control

🔹 Psychological Level / Key Resistance Zones

• 0.685 = current test zone; prior pivot resistance

• 0.730 = next meaningful resistance (previous structure high)

• Psychological magnet: SGD 0.700 → potential intraday stall

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3. Multi-Timeframe Confluence

• Daily TF: Showing trend initiation

• Weekly TF (not shown): Likely forming double bottom or base above long-term support

• Compression breakout from multi-month range → trend alignment forming

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4. Risk-Adjusted Setup Map

• Support Zone: 0.610 (breakout base), 0.550 (accumulation base)

• Stop Placement: Below 0.610 breakout level (structural invalidation)

• Profit Target Zones: 0.730 (measured move), 0.800 (prior March swing high)

• Risk-Reward Estimate: Entry at 0.680, SL at 0.605, TP at 0.800 → ~1:1.7 R:R (slightly below ideal 1:2)

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5. Forward-Looking Bias

• Bias: Bullish Continuation

  • Price action and volume support further upside toward 0.730–0.800

  • Short-term retests of 0.660–0.610 possible if momentum slows

• Catalyst Watch: Pending quarterly earnings (based on typical SGX cycle), prior volume spike near “E” likely event-driven

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Execution Summary

Buying AZTECH GBL (8AZ.SGX) because price broke out of multi-month range with expanding volume through 0.610 and is now challenging 0.685 resistance, with stops at 0.605 targeting 0.800 for ~1:1.7 risk-reward ratio.
Confidence Rating: 7.5/10
Key Levels to Watch:

• Resistance: 0.685 (current), 0.730, 0.800

• Support: 0.610 (breakout base), 0.550 (institutional accumulation)

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✅ Pre-Execution Checklist:

• Confirm volume continuation next bar above 0.685

• Set alerts at 0.685 and 0.730

• Validate weekly structure for alignment

• Prepare scale-out strategy near 0.730

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:   11.76%

HC Surgical - 25 Jul 25

HC SURGICAL (SGX:1B1) – DAILY CHART ANALYSIS (25 JULY 2025)
Timeframe: Daily
Bars in Analysis Period: ~200+ bars (Oct 2023–Jul 2025)
Market Regime: Transitional to Early Ranging Phase

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High Conviction Observations:

1. Market Structure & Order Flow

   • Major Swing Lows (SL): 0.240 (Feb '24 & Oct '24), 0.255 (May '24), 0.270 (Mar '24, Jan '25, May '25) – forming a broad, stable demand base.

   • Swing Highs (SH): 0.285 (Jul '24), 0.295 (Nov '24), 0.310 (Feb '25), 0.335 (Jul '25).

   • Recent Break of Structure (BOS): Clear BOS occurred in mid-July 2025 breaking above 0.310 and tagging 0.335 – signals transition from range to bullish attempt.

   • Change of Character (CHoCH): Occurred post-Dec '24 when buyers defended 0.270 and pushed to 0.310 again – early signal of accumulation breakout attempt.

2. Volume-Price Relationship (VPR)

   • Climactic Volume on 0.335 candle (Jul '25): High volume + wide bar suggests institutional breakout push, but sharp rejection back to 0.300 shows potential buying climax or trap.

   • Volume Dry-Up Zones: Noticeably low volume through May–Jun '25 while price hovered at 0.290–0.300 → indicates coiled accumulation phase.

   • Volume Expansion on Upside Break (Jul '25): Volume breakout from 0.300-0.310 was validated, but immediate fade suggests lack of sustained conviction.

3. Institutional Footprints

   • Absorption Evidence: Repeated high volume tests at 0.270–0.290 in Q1–Q2 2025 yielded minimal downside progress → institutional support zone.

   • Liquidity Grab: Spike to 0.335 pierced above multiple highs (0.310, 0.295) before sharply retracing – textbook liquidity sweep likely trapping late buyers.

   • Order Block: Bullish order block exists at 0.270–0.290 zone, coinciding with prior institutional absorption.

4. Bar Pattern Recognition

   • Reversal Pin Bar (Jul 24): Long upper wick at 0.335 on expanding volume = potential buying climax.

   • Continuation Bars (Jul 22-23): Strong green-bodied candles on rising volume showing institutional push, but follow-through faltered.

   • Inside Bars Cluster (May–Jun '25): Tight range action between 0.285–0.300 indicated energy coil prior to breakout.

5. Multi-Timeframe & Psychological Confluence

   • Higher Timeframe Context: Weekly chart likely shows long-term range base formation.

   • Round Number Levels: 0.300 held as key psychological pivot; 0.350 is next magnet if structure sustains.

   • ATR Compression Zone: Pre-breakout compression suggests volatility expansion cycle in play.

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Execution Framework

• Entry Consideration: Pullback into 0.290–0.300 demand zone offers low-risk re-entry for continuation.

• Stop Loss: Below 0.270 (beneath demand zone and institutional footprint)

• Targets:

  • TP1: 0.335 (prior high)

  • TP2: 0.350 (gap fill + psychological resistance)

• Risk-Reward Ratio: ~1:2.5 to 1:3 depending on entry near 0.300

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Trade Summary Format

Buying HC SURGICAL (1B1.SI) because of structural breakout from long-term accumulation zone with confirmed volume expansion with stops at 0.270, targeting 0.335 and 0.350 for a risk-reward of 1:2.5 to 1:3,
Confidence Rating: 7.5 / 10

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Key Levels to Watch

• Support Zones: 0.270 (critical demand), 0.290 (minor support)

• Resistance Levels: 0.335 (supply test), 0.350 (psychological magnet)

• Structural Pivot: 0.310 (former breakout level now retest area)

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✅ Execution Checklist

• Confirm bullish continuation on decreasing pullback volume

• Entry near 0.300 with tight stop below structure

• Watch for false breakdown below 0.290 (trap possibility)

• Monitor volume expansion on any attempt toward 0.335+

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.

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