Stock: Ho Bee Land Limited (SGX: H13)
Timeframe: Daily (1D)
Date Range: February 2025 – October 2025
Bars Analyzed: ~180
Last Traded Price: SGD 2.28
Chart Type: Candlestick, daily
Exchange: SGX
1️⃣ Market Structure & Order Flow Analysis
Trend Structure:
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Current structure: Higher Highs (HH) and Higher Lows (HL) since June — uptrend remains intact.
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Key Swing Points:
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Swing Lows: 1.67 (May), 1.77 (June), 2.02 (Aug), 2.15 (Oct)
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Swing Highs: 2.12 (Jun), 2.19 (Jul), 2.29 (Sep)
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Market Structure: Intact bullish sequence, though losing momentum after the September high (2.29).
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No clear BOS (Break of Structure) yet below 2.02 — maintaining bullish structure.
Momentum Assessment:
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Bar ranges are narrowing post-September with increased overlap, signaling momentum decay and possible transition from trending → range-bound.
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Last upswing from 2.15 to 2.28 shows smaller bars with moderate volume — controlled accumulation likely.
2️⃣ Advanced Volume-Price Relationship (VPR) Analysis
Volume Dynamics:
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June breakout (1.77 → 2.12): Strong wide-range bars + high volume = clear institutional accumulation.
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July–August retracement (2.19 → 2.02): Volume contraction = healthy pullback, no distribution.
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September push to 2.29: Volume spike without strong continuation — likely profit-taking by institutions.
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Recent bars (Oct): Slight volume increase with small ranges = absorption phase, possibly re-accumulation near 2.15–2.20.
Interpretation:
High volume + small range bars = accumulation; price refusing to break lower indicates strong hands defending 2.15–2.20 zone.
3️⃣ Institutional Footprint Recognition
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Liquidity Grab: No recent stop-hunt below 2.02 — liquidity resting below 2.00 zone.
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Order Block: Bullish order block between 2.02–2.10 from the early August rally — price respecting this level multiple times.
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Fair Value Gap (FVG): Small unfilled gap from 2.10–2.15 (June), price tends to rebalance near these areas — active zone of institutional interest.
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Displacement Move: The June breakout (1.77→2.12) was the major displacement leg confirming institutional presence.
Summary: Institutional control remains moderately bullish, transitioning into a reaccumulation phase.
4️⃣ Bar Pattern Recognition
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Recent Price Action:
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Multiple small-bodied bars with upper wicks around 2.25–2.28 = mild supply.
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Support rejections: Bullish rejection tails at 2.15 confirm buying absorption.
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No major engulfing or outside bars recently — structure stabilizing, awaiting trigger.
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Potential setup: Inside-bar coil forming between 2.15–2.30 → volatility compression before breakout.
5️⃣ Multi-Timeframe Confluence
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Weekly timeframe: Bullish structure intact since June, first pause post 2.29 high.
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Daily timeframe: Sideways compression — forming potential bullish continuation base.
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Bias alignment: Weekly bullish → Daily neutral to bullish bias = timeframe compression setup building for expansion.
6️⃣ Psychological Level Integration
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Psychological levels: 2.00 (major support), 2.50 (next resistance).
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Current range: 2.15–2.30 — equilibrium zone within larger uptrend.
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ATR: ~0.05 → any move above 2.30 with >2× ATR expansion (~0.10) signals breakout confirmation.
7️⃣ Risk-Adjusted Setup Identification
High-Probability Zone:
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Entry zone: 2.18–2.22 (reaccumulation pocket)
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Invalidation: Below 2.02 (structural break)
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Upside target: 2.40–2.45 (measured move projection from range height)
Risk-to-Reward: ~1:3 if positioned near 2.20 with stop under 2.02.
8️⃣ Market Regime Classification
| Regime | Characteristics | Current Status |
|---|---|---|
| Trending | HH/HL, volume expansion | ✅ (Still intact) |
| Ranging | Overlapping bars, volume absorption | ✅ (Developing) |
| Transition | Low volatility before breakout | ⚠️ (Likely imminent) |
Conclusion: Currently in late reaccumulation → potential breakout phase.
9️⃣ Institutional Supply/Demand Zones
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Demand zone: 2.02–2.15 → accumulation base.
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Supply zone: 2.28–2.30 → mild resistance; absorption likely before breakout.
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Effort vs Result: High effort (volume) at 2.15–2.20 without drop = accumulation confirmed.
🎯 Forward-Looking Bias & Trade Framework
Bias: Moderately Bullish → Expect range resolution to upside
Trigger: Break and close > 2.30 with expanding volume
Invalidation: Daily close < 2.02 (loss of structure)
Targets:
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Primary: 2.40 (measured move)
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Secondary: 2.50 (psychological + prior projection zone)
Stop Zone: Below 2.02
Reward-to-Risk: ≈ 1:3.2
✅ Summary
Buying Ho Bee Land Limited (SGX: H13) because price is in a reaccumulation phase within a higher timeframe bullish structure, showing absorption at 2.15–2.20 with volume compression signaling potential breakout.
Stops at 2.02, targeting 2.40–2.45, for a 1:3 R/R setup.
Confidence Rating: 8/10
Key Levels to Watch:
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Support: 2.15 / 2.02
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Resistance: 2.30 / 2.40 / 2.50
Pre-Execution Checklist:
☑ Confirm volume expansion on breakout
☑ Ensure daily close > 2.30
☑ Avoid entry before volatility confirmation
☑ Risk ≤ 1% of capital
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: 1.75%
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