MAPLETREE INDUSTRIAL TRUST (ME8U.SI) – SGX – DAILY CHART ANALYSIS (1D, Oct 2024 – 18 Jul 2025)
Bar Count: ~190 sessions analyzed
MARKET REGIME CLASSIFICATION
Current Regime: Transitioning from downtrend into early-stage accumulation
-
Primary Structure: Medium-term downtrend remains intact, but signs of bottoming behavior and demand absorption around key lows
-
Trend Context: Lower highs and lower lows until May 2025; current base building from $1.83 to $2.07
HIGHEST CONVICTION OBSERVATIONS
1. Trend Structure & Key Inflection Points
-
Major Swing Highs (SH): $2.35 (Dec), $2.30 (Feb), $2.13 (Apr), $2.07 (Jul)
-
Major Swing Lows (SL): $2.17 (Jan), $1.96 (Mar), $1.83 (Apr – confirmed bottom), $1.90 (June HL)
-
Break of Structure (BOS): July break above prior LH $2.07 suggests early CHoCH and potential new range developing
-
Momentum Decay: Clear from Jan–Apr with narrowing bar ranges and lower peaks
2. Volume-Price Relationship & Institutional Footprint
-
High Volume + Narrow Range bars between Apr–Jun indicate institutional absorption near $1.83–1.90 zone
-
Volume Expansion on May/Jun rally toward $2.07 confirms professional entry
-
July retest of $2.00 zone shows declining volume = volume dry-up at support, signaling potential breakout setup
3. Smart Money Patterns & Order Blocks
-
Liquidity Grab: $1.83 low in Apr swept liquidity below Mar lows ($1.96) before sharp rally
-
Order Block Zone: Bullish order block formed 13–17 May before displacement rally
-
Fair Value Gap: Visible between $1.91–$1.96 (early June) – price returned, tested, and held
4. Bar Pattern Recognition
-
Bullish Engulfing 27 Jun bar on elevated volume initiated push toward $2.07
-
Inside Bar Complex developing since 10 Jul indicates coiling at resistance – watch for breakout
-
Doji + Narrow Spread Bars from 16–18 Jul suggest decision point imminent near $2.03
5. Multi-Timeframe Confluence & Key Levels
-
Weekly Context: Price still under prior breakdown zone ($2.13), but recent HLs suggest shift
-
Key Confluence Zones:
-
Support: $1.90–$1.96 (order flow demand block)
-
Resistance: $2.07–$2.13 (multiple swing highs, BOS level)
-
Mid-level Magnet: $2.00 (psychological and volume cluster pivot)
-
RISK MANAGEMENT & EXECUTION ZONES
-
Entry Zone: $2.02–$2.04 (retest of recent inside bar)
-
Stop Loss: Below $1.96 (beneath June support + FVG low)
-
Target 1: $2.13 (prior high, 1R)
-
Target 2: $2.22–$2.26 (gap fill zone, 2R+)
-
R/R Ratio: ~1:2.5 favorable setup
FORWARD-LOOKING BIAS & SCENARIO PLANNING
-
Bullish Scenario: Clean break above $2.07 with volume > June 26 bar = targeting $2.13 then $2.22
-
Bearish Scenario: Breakdown below $1.96 invalidates accumulation thesis → revisit $1.90–$1.83 range
-
Neutral Scenario: Continued inside bar compression – wait for breakout direction
TRADE SUMMARY FORMAT
Buying ME8U.SI because of volume absorption and bullish structure reversal with stops at 1.96 targeting 2.22 for 1:2.5 risk-reward ratio.
Confidence Rating: 7.5 / 10
Key Levels to Watch:
-
Support: 1.90, 1.96
-
Resistance: 2.07, 2.13
-
Breakout Pivot: 2.04
-
Volume Validation: > previous average of 5M shares/day
Checklist Before Execution:
☑ Confirm volume expansion on breakout
☑ Ensure stop is below structural support
☑ Align with weekly chart bias
☑ Avoid entries into wide-range rejection 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: 6.70%
No comments:
Post a Comment