Sing Holdings Ltd. (5IC, SGX)
Chart Timeframe: Daily (1D)
Date Range: Nov 2024 – Oct 2025 (~220 bars)
Last Traded Price: 0.455 SGD
1. Market Structure & Order Flow
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Trend Structure:
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Major swing low (SL): 0.320 (Feb 2025) → Higher SL: 0.340 (Jun) → Next HL: 0.400 (Sep).
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Major swing highs (SH): 0.365 (Mar), 0.430 (Aug), 0.480 (Sep).
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Current structure = uptrend intact (higher highs and higher lows).
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Break of Structure (BOS) / Change of Character (CHoCH):
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BOS at 0.365 (Mar) confirmed uptrend initiation.
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Strong BOS above 0.430 (Aug) → institutional breakout.
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No confirmed CHoCH yet, but momentum slowing near 0.455–0.480.
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Trend Momentum Decay:
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Recent bars show overlap & narrowing range (0.450–0.460 zone) = absorption phase.
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2. Volume-Price Relationship (VPR)
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Volume Signature:
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High Volume + Small Range (Aug–Sep) → absorption, likely institutional accumulation.
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Wide-range bars (Sep at 0.480) with climactic volume → possible buying climax.
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Current low-volume tight consolidation at 0.455 = preparing next directional move.
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Volume Divergence:
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Price made new high (0.480) but volume declining → momentum exhaustion risk.
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3. Institutional Footprint Recognition
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Liquidity Grab:
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Spike above 0.480 likely took out short-term stops, then retraced. Classic upthrust trap.
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Order Blocks:
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Bullish OB near 0.400–0.410 (last down bar before breakout).
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Fair Value Gaps (FVG):
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Gap-like inefficiency between 0.415–0.425; may retest for balance.
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Accumulation:
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From May–Jul (0.330–0.350 range) → clear Wyckoff accumulation before markup.
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4. Bar Pattern Recognition
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Reversal Signals:
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Shooting-star type rejection bar at 0.480 (supply confirmed).
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Minor hammer candles near 0.400 = demand zone.
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Continuation Signals:
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Tight range inside bar cluster at 0.450–0.460 → coiled spring formation.
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Measured Move:
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Initial impulse: 0.330 → 0.430 (+0.100). Projection from 0.400 HL gives 0.500 target zone.
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5. Multi-Timeframe Confluence
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Weekly chart bias = bullish breakout structure still intact.
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Daily = consolidation under resistance (0.480).
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Intraday (H4) would likely show compression wedge.
6. Psychological & Key Levels
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Support: 0.400 (structural HL), 0.430 (former breakout).
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Resistance: 0.480 (supply zone), 0.500 (psychological).
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Round-number magnet: 0.500 → psychological take-profit zone.
7. Market Regime Classification
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Current regime = Transition Phase (from trending → consolidating).
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Price compressing under resistance, awaiting breakout/rollback confirmation.
8. Risk-Adjusted Setup Identification
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Bullish Scenario:
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Entry: Breakout >0.465 with volume confirmation.
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Stop: Below 0.430.
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Target: 0.500–0.520.
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R:R ≈ 1:2.
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Bearish Scenario:
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Entry: Breakdown <0.440.
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Stop: Above 0.465.
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Target: 0.400.
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R:R ≈ 1:2.
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Trade Summary
Buying Sing Holdings (5IC) if breakout >0.465 confirms, because absorption suggests institutional buildup, with stops at 0.430 targeting 0.500 for ~1:2 R:R.
Confidence: 7/10
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Key Levels to Watch: Support 0.430 / 0.400, Resistance 0.480 / 0.500.
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Checklist Before Execution:
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Confirm breakout volume > 20-day average.
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Watch for false breakout traps (stop-runs).
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Align with weekly structure bias.
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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: 2.20%

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