Technical analysis of CSE Global (SGX:544) based on the daily chart you provided (Jan–Aug 2025).
Chart Setup & Context
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Stock Name & Ticker: CSE Global (SGX:544)
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Chart Timeframe: Daily (1D)
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Date Range: Jan 2025 – Aug 2025 (~160 trading bars)
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Last Traded Price: SGD 0.695
1. Market Structure & Order Flow
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Trend Structure:
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Jan–May: Extended accumulation phase, price range-bound between 0.375 – 0.470.
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June: Break of structure (BOS) at 0.470 → initiation of bullish trend.
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Jul–Aug: Strong higher-high, higher-low sequence with parabolic expansion toward 0.72.
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Recent Change of Character (CHoCH):
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Small pullback from 0.72 → 0.68, but demand absorbed quickly (buyers defending).
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Momentum:
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Bar ranges expanding July → early Aug, suggesting strong institutional activity.
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Current bars show slightly overlapping candles with lower volume, indicating momentum cooling.
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2. Volume-Price Relationship (VPR)
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Accumulation Evidence:
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Jan–May: High volume absorption near 0.40–0.45 without price collapse. Institutions likely accumulating.
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Breakout Validation:
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June breakout above 0.47 confirmed with volume expansion, not false break.
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Climactic Volume:
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July–Aug runs showed wide range + high volume bars, consistent with professional mark-up.
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Current Phase:
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Pullback on declining volume = healthy correction rather than aggressive selling.
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3. Institutional Footprint Recognition
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Liquidity Grab: Sharp dip to 0.375 in May → immediate reversal = spring action (Wyckoff).
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Order Blocks:
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0.415–0.455 zone = last accumulation order block.
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0.68–0.72 zone = potential supply zone (profit-taking).
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Fair Value Gaps:
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Large bullish impulse July left untested gaps between 0.55–0.60 (likely retest area if trend weakens).
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Displacement Moves: June breakout candle above 0.47 with strong body → clear institutional push.
4. Bar Pattern Recognition
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Reversal Bars:
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Aug shows upper-wick rejection near 0.72 = potential short-term exhaustion.
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Continuation Bars:
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Multiple inside bars forming near 0.69–0.70 = coiled energy for next breakout attempt.
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Measured Move Projection:
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Initial impulse (0.415 → 0.55 = +0.135). Projected = 0.72–0.74 target zone (already tested).
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5. Multi-Timeframe Confluence
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Higher Timeframe Bias (Weekly):
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Weekly structure shows strong bullish BOS at 0.47 with wide ranges.
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Still trending, but short-term exhaustion risk at current levels.
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Confluent Zones:
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Support = 0.64–0.68 (defended multiple times).
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Resistance = 0.72–0.74 (supply heavy zone).
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6. Psychological & Key Levels
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Round Numbers: 0.70 is acting as psychological pivot.
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Key Structural Levels:
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Support: 0.64, 0.60, 0.55 (demand zones).
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Resistance: 0.72–0.74.
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7. Market Regime
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Currently: Trending regime (bullish), but transitioning to short-term consolidation below resistance.
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Evidence: Higher highs remain intact, but smaller candles & reduced volume suggest pause or minor pullback.
8. Risk-Adjusted Setup
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Bias: Bullish continuation with controlled risk.
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Entry Zone: 0.68–0.70 (inside bar coil).
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Stop Placement: Below 0.64 structural low.
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Targets:
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TP1: 0.72–0.74 (resistance retest)
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TP2: 0.80 (if breakout extends)
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Risk-Reward: ~1:2.5
Trade Summary
Buying CSE Global (SGX:544) because institutional accumulation breakout structure remains intact with absorption at 0.68–0.70, with stops at 0.64 targeting 0.74–0.80 for ~1:2.5 R:R.
Confidence Rating: 7.5/10
Key Levels to Watch: 0.64 (demand), 0.70 (pivot), 0.74 (supply break = extension).
✅ Pre-Execution Checklist
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Volume confirmation on breakout above 0.70
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Stop-loss aligned with structural invalidation (not % based)
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Track institutional footprints near 0.74 for profit-taking signals
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: 3.45%
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