Great Eastern - 03 Sep 2026

Great Eastern Holdings Ltd (SGX: G07) — Daily Chart

Timeframe: 1D
Last price shown: S$20.93
Current regime: Primary uptrend → intermediate corrective/consolidation phase

Highest-conviction observations

• The primary structure remains bullish. G07 spent months building a broad base around roughly S$15.3–16.3, then broke decisively above that range and entered a displacement phase. The sequence from ~S$16.06 through S$18, S$20 and eventually S$22.88 is a clear structural repricing rather than an ordinary drift higher.
• Volume validated the original breakout. The July expansion occurred with materially larger volume and wide bullish ranges. Under the framework, high volume + wide range + directional follow-through is consistent with professional participation.
• S$22.88 produced a meaningful supply response. Price tested approximately the same high twice and failed to continue. The second attempt did not generate sustainable upside expansion. That makes 22.88 the dominant visible supply/liquidity level.
• The decline from 22.88 changed the microstructure. Large bearish bars pushed through the prior short-term higher-low sequence. That is the first meaningful bearish CHoCH following the July–August markup.
• But selling pressure is now losing some momentum around S$20.4–20.9. Recent bars are considerably smaller and overlap heavily. Price has stopped falling aggressively and today's bar closes near 20.93. This looks more like stabilization/testing than confirmed renewed markup.

1. Structure and order flow

The important structural story starts with the long accumulation/base between approximately 15.25 and 16.29. Multiple pushes toward 16.0–16.3 failed for months, while downside excursions repeatedly found demand around 15.3–15.6.

The decisive change occurred around July. Price broke above the old 16.29 ceiling with rapidly expanding ranges and volume. That was the major bullish BOS.

What followed was textbook displacement:

~16.3 → 18 → 19.5 → 20.5 → 22+

Pullbacks were initially shallow and immediately bought. That tells us demand was aggressively chasing available supply.

The peak structure around 22.88, however, is different. Price stopped producing clean displacement and began overlapping near 22.0–22.8. The repeated 22.88 high created an obvious liquidity pool.

Failure there was followed by a sharp decline toward ~20.5. Consequently:

Long-term structure: bullish
Intermediate structure: corrective
Short-term structure: attempting to base

That distinction is critical. Calling the whole chart bearish because of the recent decline would ignore the magnitude of the preceding structural breakout.

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2. Volume-price relationship

The most informative volume occurs during the transition from the S$16 region.

Breakout phase

Around the initial July breakout, both spread and volume expanded simultaneously.

That is bullish effort producing bullish result.

Subsequent large green bars continued advancing substantially on elevated volume. There is little evidence in that section of high-volume buying repeatedly failing to advance price.

Near S$22–22.88

The character changes.

Volume remains meaningful, but price advancement becomes progressively less efficient. Bars overlap more and the distance covered per bar falls.

That's an effort-versus-result warning:

considerable trading activity + diminishing upside progress = increasing supply/absorption.

It doesn't prove institutional distribution, but it is consistent with supply entering the market.

Current pullback

The selloff from 22.88 initially contains wide bearish spreads. More recently, spreads contract substantially around the 20.4–20.9 region.

This matters because sellers are no longer obtaining the same downside result.

I would characterize this as potential selling exhaustion / early absorption, but the chart does not yet show enough bullish displacement to call it confirmed accumulation.

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3. Institutional footprint

The clearest institutional footprint is the explosive departure from approximately 16.0–16.5.

That region contains the last consolidation/opposing-price area before the strongest directional move on the chart.

Major demand / origin zone

S$16.0–16.5

Price is currently far above it, so it is strategically important but not useful as a tight tactical level.

There are also intermediate demand references created during the markup around:

S$19.4–20.0

and, more immediately:

S$20.3–20.6

The latter is where the current decline has begun losing momentum.

Importantly, the vertical July advance left several inefficiently traded regions. This increases the possibility that a deeper correction could revisit lower portions of the markup without necessarily destroying the primary bullish structure.

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4. The S$22.88 liquidity event

This is probably the most important pattern on the right-hand side.

Price established 22.88, pulled back, then revisited essentially the same level.

That creates obvious buy-side liquidity above the prior high.

But price failed to establish acceptance above 22.88 and subsequently sold off sharply.

Institutionally, I would read this as a failed breakout / potential upthrust-type event rather than a successful continuation breakout.

Anyone buying purely because price revisited the old high became vulnerable when price moved back below ~22.0.

That is the chart's clearest retail trap zone.

22.88 therefore remains the line separating correction from genuine bullish continuation.

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5. Current bar-by-bar condition

The last several bars are particularly useful.

After the aggressive bearish decline:

1. bearish ranges begin shrinking;
2. lows stop extending rapidly;
3. candles increasingly overlap;
4. closes stabilize around the same area;
5. the latest bar reaches approximately 20.95 and closes 20.93, close to its high.

That is an improvement in short-term demand.

But there is an important distinction:

Absence of aggressive selling ≠ confirmed aggressive buying.

I don't yet see the kind of wide bullish displacement bar and volume expansion that characterized the July breakout.

Therefore the current structure is better classified as:

selling-pressure contraction → stabilization → awaiting directional confirmation.

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6. Key institutional levels

Zone	Interpretation
22.88	Major swing high / supply / buy-side liquidity
22.0–22.3	Secondary overhead supply
21.3–21.6	First meaningful recovery/reclaim area
20.90–21.00	Immediate decision area/current price
20.3–20.6	Current tactical demand/base
20.0	Major psychological + structural reference
19.4–19.8	Deeper demand / prior displacement region
16.0–16.5	Major breakout origin / strategic demand

The 20.3–21.0 region is now the battleground.

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7. Two scenarios that matter

Bullish resolution

The strongest evidence would be:

20.3–20.6 holds → bullish range expansion → reclaim 21.0 → higher low → break above ~21.5

That sequence would convert the current stabilization into a legitimate short-term structural reversal.

The next upside references would become approximately:

22.0 → 22.88

A breakout above 22.88 with expanding volume and strong closing location would represent a fresh bullish BOS and materially strengthen the primary trend.

Bearish resolution

Conversely:

failure around 21.0–21.5 → renewed wide bearish bars → close below ~20.3

would tell us the current sideways action was merely a pause in distribution.

A decisive break of 20.0 would materially increase the probability of price seeking the lower displacement/demand region around 19.4–19.8.

Therefore, I would not treat the present consolidation itself as sufficient confirmation.

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Risk framework

A technically clean hypothetical bullish structure develops only if demand demonstrates itself above the current base. Rather than using an arbitrary percentage stop, invalidation belongs below the structural low/base, approximately 20.25–20.30 depending on the actual trigger bar.

For illustration, an entry following confirmation around 20.95–21.05, structural risk around 20.25, and eventual retest of 22.88 gives approximately 2.4–2.6R, depending on exact execution.

A more conservative structural confirmation above ~21.5 improves evidence but sacrifices reward-to-risk.

The important point is that the chart is currently at the decision zone, not at confirmed continuation.

Confidence: 7/10

The large-scale bullish structure and breakout volume are clear. Confidence is reduced because the 22.88 rejection produced a genuine microstructural deterioration and the current base has not yet generated decisive bullish displacement.

Key levels to watch: 20.30–20.60 support → 21.00 immediate pivot → 21.50 structural reclaim → 22.00–22.30 supply → 22.88 major high.

Pre-execution checklist: Require structural confirmation; compare breakout volume with the recent average; avoid chasing directly into overhead supply; place invalidation beyond structure rather than at an arbitrary percentage; require ≥1:2 reward/risk; reassess immediately if 20.30/20.00 fails.

Trade-summary framework: Buying G07 only on confirmed bullish reclamation because the primary uptrend is intact while selling pressure is contracting near S$20.3–20.6, with stops around S$20.25 targeting S$22.88 for approximately 1:2.5 risk-reward; confidence 7/10.

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:   2.63%

Great Eastern - 10 Mar 2026

Great Eastern Holdings Limited (SGX: G07) — 1D (Daily)
Last traded price: 15.92
Analysis period visible: roughly Sep 2025 to Mar 2026
Market regime: Uptrend transitioning into short-term pullback / re-accumulation test

1) Current regime first

The dominant structure is still bullish on the daily chart, but price is no longer in a clean impulse leg. It has shifted from steady markup into a post-breakout digestion phase after the run toward 16.29. The recent candles suggest a pullback after a local buying climax, not yet a confirmed bearish reversal.

2) Highest-conviction observations

1. Broad structure is bullish: higher lows have been stepping up for months

The chart shows a persistent staircase:

• 14.70 → 14.75 → 15.00 → 14.97/15.06 zone

• then 15.25 → 15.36/15.37 → 15.43 → 15.50

• then expansion into 15.72 and finally 16.29

That sequence tells you this is not random chop. It is a controlled institutional markup structure with repeated acceptance at progressively higher prices.

2. The move into 16.29 looks climactic

The rally from the mid-15s into 16.29 accelerated with visibly stronger spread and rising volume. Immediately after tagging the high, price produced:

• rejection from the top,

• wider corrective bars,

• heavier selling volume,

• failure to hold above the breakout zone cleanly.

That is classic short-term exhaustion behavior. Not necessarily trend reversal, but very often the end of an immediate impulse leg.

3. The 15.72–15.90 region is the key battlefield now

This region matters because:

• 15.72 was prior resistance before expansion,

• price is now hovering near 15.92, only modestly above that prior pivot,

• recent candles show rejection wicks and back-and-forth trade around this zone.

This suggests price is testing whether old resistance can become support. If demand absorbs supply here, trend continuation remains likely. If it fails decisively, deeper mean reversion into lower supports becomes the higher-probability path.

4. Volume suggests distribution of short-term inventory, not full structural breakdown yet

The biggest recent volume came around the run-up and reaction off the top. Importantly:

• the upthrust to 16.29 drew strong activity,

• the first leg down also came with expanded volume,

• but price has not yet collapsed through the nearest structural shelves.

That often means strong hands may be unwinding fast money while longer-term holders are still defending trend structure. It is a warning sign, but not yet a confirmed bearish regime shift.

5. Pullback depth remains relatively normal so far

Measured against the breakout phase, the pullback from 16.29 into the high-15s is still shallow-to-moderate. That fits a bull trend correction, not a full character change. A true CHoCH would require price to start violating more meaningful prior higher-low structure, especially the 15.50 / 15.43 zone.

3) Market structure and order flow

Macro structure

From the visible base around 14.70–15.00, price transitioned into:

1. Accumulation / range repair

2. Gradual markup

3. Breakout expansion

4. Current pullback / retest

This is textbook bullish campaign behavior.

Swing structure

Key visible swing points:

• Major swing low: 14.70 / 14.75 area

• Intermediate support pivots: 15.00, 14.97, 15.06

• Higher support ladder: 15.25, 15.36, 15.37, 15.43, 15.50

• Breakout pivots: 15.72, then 16.29 high

BOS / CHoCH

• Multiple prior bullish BOS occurred as price kept exceeding prior swing highs: 15.28, 15.54, 15.72, then 16.29.

• No fully confirmed daily bearish CHoCH yet on the chart shown.

• A meaningful bearish character shift would start if price accepts below 15.50, and becomes much clearer if 15.43 fails on closing basis.

4) Institutional footprint read

Accumulation evidence earlier in the chart

The long middle section from roughly Nov to Jan shows:

• compressed ranges,

• repeated support holds,

• modest but persistent upward drift,

• no major downside follow-through.

That often reflects absorption and patient positioning, not retail chasing.

Displacement phase

The surge from the mid-15s into 16.29 appears to be the displacement leg:

• stronger candle bodies,

• cleaner directional follow-through,

• rising urgency.

That is the phase where late retail often enters.

Possible liquidity event at 16.29

The tag of 16.29 followed by rejection resembles a buy-side liquidity sweep / local blow-off test:

• price extends above obvious recent highs,

• breakout buyers commit,

• then supply appears quickly and forces retracement.

That is a classic place where institutions distribute some inventory into breakout demand.

5) Volume-price relationship

Positive phases

Earlier in the trend, price advanced with mostly orderly candles and no repeated heavy rejection. That is constructive.

Warning phase

At the recent top:

• effort increased sharply,

• but result deteriorated after the high,

• follow-through could not sustain above the breakout.

That is an effort vs. result mismatch, a classic signal of near-term supply entering the market.

What to watch next

• If price revisits 15.72–15.90 on lower volume and holds, that is healthy pullback behavior.

• If price breaks 15.72 on expanded downside volume, then this becomes more than a pause.

6) Bar-by-bar character read

Into the high

The candles into the peak show momentum expansion, but the move becomes somewhat extended versus the prior slower grind. That usually reduces immediate reward for fresh longs.

After the high

The post-16.29 candles show:

• upper rejection,

• wider red bodies,

• a sharp downside probe,

• then rebound attempts with limited upside extension.

That sequence signals indecision after exhaustion, consistent with transition from impulse to correction.

Interpretation

This is not the kind of tape you chase blindly at market. It is the kind of tape you let prove support first.

7) Key supply and demand zones

Demand zones

15.72–15.83

• first retest zone

• prior breakout area

• current short-term decision point

15.50–15.43

• more important support shelf

• repeated prior pivots nearby

• likely the main higher-low defense zone

15.37–15.25

• deeper support

• if price gets here, the trend is still potentially intact, but momentum quality has weakened materially

Supply zones

15.98–16.05

• near-term overhead friction

• recent failed recovery region

16.29

• obvious swing high

• primary breakout trigger

• supply likely remains there until convincingly cleared

Above 16.29

• if broken with volume and strong close, opens the door for a new markup leg

8) Wyckoff / smart money interpretation

Best-fit read:

• Accumulation / re-accumulation through late 2025

• Markup into Feb–Mar 2026

• Buying climax / upthrust-like reaction near 16.29

• Now possibly entering secondary test / backing-up action

Bullish continuation case:

• price stabilizes above 15.72,

• volume contracts on pullback,

• then demand reappears and pushes through 16.29.

Bearish near-term case:

• current rebound attempts fail,

• 15.72 gives way,

• price rotates to 15.50–15.43,

• and only there do we learn whether this is re-accumulation or distribution.

9) High-probability setup

Setup A — Preferred long setup: support-hold continuation

Entry idea: on confirmed hold/reversal in 15.72–15.85 zone
Best confirmation:

• bullish rejection candle,

• strong close back above intrazone weakness,

• preferably lower sell volume than the initial drop from 16.29.

Stop: below 15.50
More conservative stop: below 15.43

Targets:

• T1: 16.05

• T2: 16.29

• T3: extension above 16.29 if breakout confirms

R/R view:
A good entry near 15.80 with stop below 15.50 can still produce roughly 1:2 to 1:3, depending on execution and target selection.

Why this is best:
It aligns with the dominant uptrend while avoiding breakout chasing. You are buying a structural retest, not emotional strength.

Setup B — Secondary long setup: deeper pullback into stronger demand

If 15.72 fails, the next higher-quality response zone is 15.50–15.43.

Entry idea: only if price flushes there and shows clear absorption / rejection
Stop: below 15.37 or below the rejection low
Targets: back to 15.72, then 15.90+, then 16.29

This may offer even better asymmetry, but only if the tape shows actual support, not passive hope.

Setup C — Short bias only if structure breaks

Not the preferred side while higher timeframe structure remains bullish.

A tactical short only becomes attractive if:

• price loses 15.72 decisively,

• rebound back into that zone fails,

• volume expands on downside acceptance.

Then downside path could target:

• 15.50

• 15.43

• possibly 15.37 / 15.25

10) Risk management framework

For this chart, the main mistake would be:

• buying blindly under resistance,

• or shorting aggressively before structural breakdown confirms.

Best practice:

• define invalidation by structure, not arbitrary percentages,

• respect 15.72 as the first line of control,

• treat 15.50–15.43 as the more important bull defense area,

• reduce size if entering while candles remain noisy and overlapping.

11) Forward-looking bias

Primary bias: Bullish medium-term, cautious near-term
Immediate bias: Consolidation / pullback first, then decision

Bullish continuation is favored if:

• price holds above 15.72

• volume dries up on pullback

• buyers reclaim 16.00

• then attack 16.29

Near-term weakness increases if:

• 15.72 fails on strong selling

• bounce attempts become weak and overlapping

• price accepts below 15.50

12) Key levels to watch

• 16.29 — major swing high / breakout trigger

• 16.00–16.05 — near-term reclaim level

• 15.92 — current reference price

• 15.72–15.83 — critical support/retest zone

• 15.50 — important structural support

• 15.43 — deeper bull defense / CHoCH warning zone

• 15.37–15.25 — last meaningful support shelf before structure weakens materially

Bottom line

This is still a bullish chart under correction, not a broken chart. The recent move to 16.29 looks like a short-term buying climax / liquidity sweep, so immediate upside may be limited until the pullback finishes. The cleanest high-probability play is not to chase, but to wait for support confirmation around 15.72–15.83, or failing that, a deeper reaction into 15.50–15.43.

The stock remains constructive unless sellers can force daily acceptance below the lower support ladder.

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:  4/40%

Great Eastern - 26 Jan 2024

What does this stock chart says?

Still trap in the down channel.

Great Eastern - 13 July 2023

What does this stock chart says?

Overall trend still down although short-term is bullish.  

Great Eastern - 21 Jun 2023

What does this stock chart says?

Oversea-Chinese Banking Corporation (OCBC) has purchased an additional 2,345,800 shares at Great Eastern Holdings, at a total cash consideration of S$39.9m.

In an SGX filing, OCBC said that the shares were priced at S$16.99 each.

OCBC now owns 88.4% of Great Eastern’s total shares, from 87.9% previously.

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2nd day after OCBC buys, long-term price still in down channel.  

Great Eastern - 05 Apr 2023

What does this stock chart says?

Long-term trend is down.  Short-term trend slightly bullish as it came out of its first downtrend line.  

Great Eastern - Higher Low Higher High

What does this stock chart says?

For uptrend continuation, it need to slowly move higher and higher.  

Great Eastern - Long-Term Down Trend

What does this stock chart says?

Continue its long-term downtrend.

Yield at close 18.78

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2022	3.46%	SGD 0.65	SGD0.1	2022-08-19	2022-08-31	Rate: SGD 0.1 Per Security
			SGD0.55	2022-04-25	2022-05-05	Rate: SGD 0.55 Per Security
2021	3.19%	SGD 0.6	SGD0.1	2021-08-19	2021-08-31	Rate: SGD 0.1 Per Security
			SGD0.5	2021-04-22	2021-05-05	Rate: SGD 0.5 Per Security
2020	3.19%	SGD 0.6	SGD0.1	2020-08-12	2020-08-26	Rate: SGD 0.1 Per Security
			SGD0.5	2020-05-21	2020-06-02	Rate: SGD 0.5 Per Security

Great Eastern - Not So Great Now

When chart shows higher low and more higher low, means price action is bullish.

When chart keep showing lower high and more lower high, means price action is bearish.

Yield at today close 19.52

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2022	2.82%	SGD 0.55	SGD0.55	2022-04-25	2022-05-05	Rate: SGD 0.55 Per Security
2021	3.07%	SGD 0.6	SGD0.1	2021-08-19	2021-08-31	Rate: SGD 0.1 Per Security
			SGD0.5	2021-04-22	2021-05-05	Rate: SGD 0.5 Per Security
2020	3.07%	SGD 0.6	SGD0.1	2020-08-12	2020-08-26	Rate: SGD 0.1 Per Security
			SGD0.5	2020-05-21	2020-06-02	Rate: SGD 0.5 Per Security

Great Eastern - Down Trend

Long-term Trend = Down

Support = 20

Resistance 21.50

Yield based on 20.42

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2021	2.94%	SGD 0.6	SGD0.1	2021-08-19	2021-08-31	Rate: SGD 0.1 Per Security
			SGD0.5	2021-04-22	2021-05-05	Rate: SGD 0.5 Per Security
2020	2.94%	SGD 0.6	SGD0.1	2020-08-12	2020-08-26	Rate: SGD 0.1 Per Security
			SGD0.5	2020-05-21	2020-06-02	Rate: SGD 0.5 Per Security
2019	2.94%	SGD 0.6	SGD0.1	2019-08-14	2019-08-30	Rate: SGD 0.1 Per Security
			SGD0.5	2019-04-23	2019-05-08	Rate: SGD 0.5 Per Security

Great Eastern - Bag Holding

My Small Buy @ 22.26 - Guts testing, follow the signal, maybe right or wrong.

23 Jun 21 - Bag Holding

• Bag Holding. Efforts of the sellers (a high red volume on the delta) do not produce a significant result in the price reduction (a narrow spread on the down bar).

01 Jul 21 - Down Setup

The descending triangle at its decision point.  Either it break down or up.  Smart monies like to keep technical traders in suspend.

The descending triangle pattern can be a great indicator of trend continuation, but it does have its limitations too:

ADVANTAGES
Easy pattern to identify
The descending triangle produces a clear target level – based on the max height of the descending triangle
LIMITATIONS False breakouts are possible (traders need to manage risk  accordingly) There is always a chance that  price moves sideways for an extended period of time or even moves higher Since this is an intermediate-term pattern, traders have the option to trade within the triangle but should filter trades in the direction of the trend

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Great Eastern - Still Looking Great

As long as the market makers keep holding the resistance turn support line, it means they still want the uptrend to continue.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Great Eastern - Great Uptrend

Still in a Great Uptrend.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Great Eastern - 29 Jan 2021

Great Eastern under go a correction but no major uptrend line broken yet.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

Great Eastern - 05 Dec 2021

Great Eastern out of downtrend.  Progressive uptrend.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.