Nam Lee Metal - 15 Jul 25

• Stock: Nam Lee Metal (SGX: G0I)

• Timeframe: Daily

• Analysis Range: October 2024 – July 15, 2025

• Bars Analyzed: ~200 trading sessions

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🔍 Current Market Regime: Trending (Strong Bullish)

Consistent higher highs and higher lows with volume expansion; recent breakout suggests institutional involvement.

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🔑 Highest Conviction Observations

1. Market Structure & Order Flow

• Trend Structure:

  • Series of higher lows: 0.255 → 0.290 → 0.370

  • Higher highs: 0.295 → 0.350 → 0.400 → now 0.465

  • Break of Structure (BOS) confirmed above 0.400 zone; bullish continuation pattern

• Change of Character (CHoCH): Bullish CHoCH at 0.370 support; marked by strong bullish bar + volume spike

• Momentum: Increasing bar range and tight upward clustering → confirms acceleration phase

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2. Advanced Volume-Price Relationship (VPR)

• Volume Expansion on Breakouts:

  • Breakout above 0.400 was accompanied by significant volume surge → institutional validation

• Volume Dry-Up Preceding Breakout:

  • Tight range consolidation at 0.370–0.400 with declining volume → classic volatility contraction before expansion

• Absorption Detected:

  • Several small-range bars with above-average volume (e.g., near 0.370) indicate institutional accumulation before move

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3. Institutional Footprint Recognition

• Order Block Zone: Bullish order block visible around 0.290–0.310 (April 2025) → price never closed below

• Liquidity Grab: Flash down to 0.290 in early April → likely retail stop-hunt; price reversed sharply post-trap

• Fair Value Gap (FVG): Exists between 0.400–0.420 → unfilled imbalance zone; price re-tested this area and moved up

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4. Bar Pattern Recognition

• Continuation Formation: Small flag/pennant in May–June followed by breakout above 0.400

• Measured Move Target:

  • Impulse leg: 0.290 → 0.400 (11 cents)

  • Projected target: 0.400 + 0.11 = 0.510 zone

• Outside Bar (July 12): Bullish engulfing structure with strong follow-through, confirms continuation

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5. Multi-Timeframe Confluence

• Daily Breakout Structure aligns with:

  • Weekly Structure: Compression breakout from multi-month base

  • Higher timeframe consolidation between 0.255–0.400 resolved with bullish displacement

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📌 Key Price Levels & Reasoning

Level	Type	Commentary
0.510	Measured Move Target	Next upside projection
0.465	Current Price	Testing breakout follow-through
0.420–0.400	Demand Zone (FVG + Retest Area)	Pullback target if short-term rejection occurs
0.370	Structural Support	Previous CHoCH & demand validation zone
0.290	Institutional Order Block	Macro higher low; invalidation level

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🛡️ Risk Management Parameters

• Entry Zone: 0.455–0.470 (current flag breakout zone)

• Initial Stop Loss: Below 0.400 (structural support) → tight structural invalidation

• Target: 0.510 (measured move), with possible extension to 0.540 (round number + psychological resistance)

• Risk-to-Reward Ratio: Approx. 1:2.5 minimum (Entry: 0.465, SL: 0.395, TP: 0.510)

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🔭 Forward-Looking Bias & Watch Zones

• Bias: Bullish continuation unless price closes below 0.400 on increased volume

• Watch for:

  • Volume on next bar: Must sustain above recent breakout volumes to confirm strength

  • Gap or rejection near 0.470–0.480: Could signal exhaustion or near-term shakeout

  • Potential pullback to 0.420–0.400: Ideal re-entry if bullish structure holds

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✅ Trade Summary Format

Buying Nam Lee Metal (G0I) because of a high-volume breakout above multi-month resistance and strong institutional footprint with stops at 0.395, targeting 0.510 for a risk-reward ratio of 1:2.5.
Confidence Rating: 8.5/10

🔍 Execution Checklist

• Confirm bullish follow-through candle above 0.465 with volume > previous day

• Validate no reversal pattern (e.g., shooting star or bearish engulfing) near 0.480

• Recheck broader market sentiment and SGX sector performance

• Maintain stop below confirmed structural level (0.395) and adhere to R/R

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:  3.23%