Frasers Log and Com - Nice Trending Up

Frasers Logistic and Commercial is a great reit to follow its uptrend.  Remember to put your stop loss point slightly lower at the most recent support points.

Monthly high: 48
Monthly low: 15

ComfortDelGro - Ascending Triangle

ComfortDelGro ascending triangle still intact.

STI - 06 May 2020

Straits Times Industrial Index going sideways.  Assume its uptrend still intact.

Medtecs Intl - Another Healthcare Stock Gap Up

Medtecs International is another healthcare stock that was gap up today.  6 April was the first bar that went above the downtrend lines. Then there was 10 sideways accumulation bar just along the support lines that looks like it is going down everyday.  Suddenly, the BB push up stocks on the 11 bar and again on the 19 bar that was today.

Silverlake Axis - 2nd Day Push Up

Today, Silverlake Axis had a 2nd day push up.

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.

STI - 04 May 2020

Despite the 60 points drop, STI still falls within the support line.  Overall sentiments not that great as Trump started to renew its trade tension with China.

Monthly:
High 29
Low 14

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.

SATS - Long-Term Still Very Bearish

SATS is in a long-term downtrend.  Avoid buying.

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.

Wilmar - 3.60 Resistance

Wilmar near the 3.60 resistance, looks like going to do a pull back if it cannot break out.  25th bar was strong but no follow up on the 26th bar.  27th bar was up with high volume but seem to stop near the 3.60 resistance, might be a distribution area.

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.

Keppel Reit - Some Pullback on 27th Bar

Keppel Reit buyers look weak on the 27th bar, expect some pullback.  If uptrend lines does not break, it is likely to continue its direction unchanged.

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.

DBS - Gap Up But Demand and Supply Equally Strong

DBS 1st quarter result within expectations, gap up but the buyers and sellers equally strong.  Although end in the bullish territory, candle bar was narrow.  Also, it hit the recent high of $20, any higher attempt will face resistance at $21.  The up battle will be lost if it break below $19.

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:: Strictly master Rule Number 1 if you want to succeed in Trading.