Tai Sin Electric - 03 Feb 2026

📌 Chart Setup & Context

• Stock: Tai Sin Electric Limited

• Ticker: SGX:500

• Timeframe: Daily (1D)

• Date Range Observed: ~Jun 2025 → 3 Feb 2026

• Bars Analyzed: ~160–170 daily bars

• Last Traded Price: 0.495

---

🧭 1. Market Regime Classification (Lead)

Current Regime: → Transition → Early Bearish / Distribution Resolution

• Prior uptrend has fully transitioned into distribution

• Distribution range failed downward

• Current price is back inside pre-markup value area

• Strong supply dominance on recent bars

---

🧱 2. Market Structure & Order Flow

Primary Structure Mapping

Phase Progression

1. Accumulation → Markup

   • Jun → Oct: clean HH / HL sequence

   • Expansion from ~0.40 → 0.69

2. Distribution (Wyckoff Phase D–E)

   • Oct–Nov:

     • SH ≈ 0.690

     • Repeated failure to sustain higher highs

     • Overlapping bars + reduced follow-through

3. Break of Structure (BOS)

   • Dec: Loss of 0.575 (key HL)

   • Confirms trend termination

4. Change of Character (CHoCH)

   • Jan: Rally fails below 0.615 / 0.600

   • Lower high established → bearish control confirmed

---

Key Structural Levels

Type	Level	Interpretation
Major SH	0.690	Distribution top / exhaustion
Lower High	0.615	Supply-defended rally
Value Pivot	0.575–0.580	Former support → resistance
Structural Floor	0.500	Psychological + prior demand
Current Breakdown	0.495	Acceptance below key level

---

📊 3. Volume–Price Relationship (VPR)

Critical Observations

• Climactic Volume on Breakdown

  • Recent wide-range red bars

  • Volume spike with downside expansion

  • → Professional distribution, not retail noise

• Effort vs Result

  • Earlier rallies (Dec–Jan):

    • Moderate volume

    • Poor upside result

    • → Absorption by supply

• No Selling Climax Yet

  • Despite high volume, no sharp reversal bar

  • Suggests selling pressure not exhausted

---

🏦 4. Institutional Footprints

Distribution Signatures

• Upthrust after Distribution (UTAD)

  • Push toward 0.615 with immediate rejection

  • Classic liquidity grab above minor highs

• Order Block (Supply Zone)

  • 0.600–0.620

  • Last bullish bars before sharp selloff

  • Now a high-risk short / exit zone

• Acceptance Below Value

  • Price holding below 0.500

  • Indicates re-pricing, not shakeout

---

🕯️ 5. Bar Pattern & Microstructure

Recent Bars (Most Important)

• Wide-Range Bearish Expansion Bar

  • Breaks 0.500 with volume

  • Close near lows → dominance by sellers

• Follow-through Failure

  • Small rebound bars lack volume

  • No demand response yet

• No Reversal Bar Present

  • No hammer / no bullish engulf

  • → Catching knives is premature

---

🧠 6. Psychological & Reference Levels

• 0.500 – Major psychological number

  • Cleanly violated → sentiment shift

• 0.400–0.395

  • Prior accumulation base (Jun–Jul)

  • Next high-probability demand zone

---

🎯 7. High-Probability Zones (Institutional Framing)

❌ Longs (Low Probability Now)

• No structural support confirmed

• No selling climax

• No demand bar

---

⚠️ Reactive Demand Watch Zone (NOT Entry Yet)

0.40 – 0.42

• Prior base

• Potential accumulation retest

• Requires:

  • Volume climax

  • Strong rejection wick

  • Follow-through confirmation

---

🧨 Supply / Risk Zone

0.575 – 0.615

• Former support → resistance

• Any rally into this zone = distribution opportunity, not bullish signal

---

📉 8. Risk-Adjusted Trade Framing (If Forced)

Institutional mindset: preservation over prediction

• Bias: Bearish → Neutral until demand proves itself

• Invalidation of Bear Bias:

  • Strong reclaim above 0.575 with volume

• Best Action Now:

  • Wait

  • Let market show its hand at lower demand

---

🧠 9. Highest-Conviction Observations (Top 5)

1. Confirmed trend termination via BOS + CHoCH

2. Distribution resolved downward with acceptance

3. High volume breakdown = professional selling

4. 0.500 psychological level failed cleanly

5. No reversal signal yet → patience required

---

🔮 10. Forward-Looking Bias & Levels to Watch

Bias:
➡️ Bearish to Neutral (Wait-and-See)

Key Levels

• Resistance: 0.575 → 0.615

• Immediate risk: 0.500

• Potential demand test: 0.40–0.42

---

Final Institutional Take

This is not a pullback.
This is post-distribution re-pricing.
Capital should wait for confirmation of demand, not hope.

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:   4.85%