Chart Setup & Context
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Stock: MoneyMax Financial Services Ltd (SGX: 5WJ)
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Timeframe: Daily (1D)
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Analysis Window: ~Jun 2025 → 21 Jan 2026
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Bars Analyzed: ~150 trading days
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Last Traded Price: 0.585
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Session High: 0.595
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Volume (latest): ~1.59M (significant expansion)
1. Market Regime Classification (Lead Assessment)
Current Regime: Transition → Strong Trending (Markup Phase)
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Clear re-acceleration from prior range
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Strong displacement candle breaking multi-month resistance
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Volume confirms institutional participation, not retail noise
This is no longer a range — structure has resolved bullish.
2. Macro Market Structure (Swing Logic)
Primary Structure Evolution
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Initial Base: 0.210–0.220 (Jun)
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Higher Low Sequence:
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SL1: ~0.220
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SL2: ~0.290
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SL3: ~0.300
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SL4: ~0.385 (key structural low)
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Higher Highs (SH):
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SH1: ~0.335
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SH2: ~0.535
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SH3: 0.595 (current breakout)
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Structural Events
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BOS #1: Break above ~0.335 → confirms first trend transition
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Distribution Attempt: 0.535 → pullback to ~0.410
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CHoCH (Bullish): Reclaim above ~0.495 with strong closes
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BOS #2 (Major): Clean break above 0.560–0.580 resistance
👉 Market Structure Bias: Bullish continuation, no structural damage yet.
3. Volume–Price Relationship (VPR)
Key Observations
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0.300–0.335 zone:
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High volume + moderate range → institutional accumulation
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0.535 peak:
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Wide range + climactic volume → profit-taking, not reversal
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Pullback to 0.385:
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Falling price + contracting volume → bearish effort failure
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Recent Breakout (0.520 → 0.595):
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Wide bullish candles + expanding volume
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Strong closes near highs → demand dominance
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Effort vs Result:
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Recent effort (volume) produced outsized result → confirms professional buying.
4. Institutional Footprint Recognition
Smart Money Signals
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Accumulation Phase: 0.260–0.300 (volume clusters, tight ranges)
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Order Block (Bullish):
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Last bearish candle before impulsive move at ~0.500–0.510
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Displacement Move:
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Break from ~0.520 → 0.595 with minimal retrace
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Liquidity Clearance:
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Clean sweep above prior highs (0.535), no rejection
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No signs of upthrust, stop-run reversal, or distribution tail yet.
5. Bar-by-Bar Microstructure (Recent Sessions)
Breakout Sequence
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Pre-Breakout Bars:
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Narrow spreads, volume compression → energy build-up
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Breakout Bar:
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Wide bullish body, closes near high
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Volume expansion → valid breakout
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Follow-Through Bar (Latest):
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Holds gains, no upper wick dominance
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Indicates acceptance above resistance
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⚠️ No exhaustion signals yet (no long upper wicks, no volume climax divergence).
6. Psychological & Structural Levels
| Level | Significance |
|---|---|
| 0.600 | Major psychological round number |
| 0.535–0.550 | Former supply → now demand |
| 0.495–0.500 | Structural pivot + order block |
| 0.385 | Major trend invalidation level |
7. High-Probability Trade Zones (Risk-Adjusted)
Continuation Setup (Trend-Aligned)
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Pullback Buy Zone: 0.535–0.555
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Stop: Below 0.520 (structure-based, not arbitrary)
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Targets:
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T1: 0.620–0.635 (measured move)
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T2: 0.680–0.700 (extension, momentum dependent)
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R:R: ~1:2.5 to 1:3.5
Breakout Failure Scenario (Low Probability)
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Failure acceptance back below 0.535 with high volume rejection
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Would signal bull trap → not present currently
8. Multi-Timeframe Confluence
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Daily: Fresh BOS, strong momentum
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Weekly (inferred):
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Multi-month base resolved upward
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Breakout from higher-timeframe consolidation
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Timeframe alignment is bullishly compressed — favorable for continuation.
9. Institutional Supply / Demand Balance
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Demand currently overwhelms supply
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No absorption against highs yet
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Sellers previously active at 0.535 have been fully absorbed
10. Highest-Conviction Observations (Summary)
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Clean BOS above 0.535 with volume confirmation
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No distribution characteristics at highs
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Displacement move signals institutional urgency
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Former resistance has flipped to demand
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Risk remains well-defined structurally
Forward-Looking Bias & Levels to Watch
Bias: Bullish continuation unless proven otherwise
Watch Closely:
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Acceptance above 0.580–0.600
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Volume behavior on first pullback
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Any wide-range rejection near 0.600 with extreme volume (early exhaustion warning)
Bottom Line
This is not a late-stage breakout. The structure, volume, and bar behavior indicate early-to-mid markup, with institutions still in control. As long as price holds above former supply, the path of least resistance remains up.
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: 1.20%

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