Suntec - Range Bound By COVID Variant

Suntec price action up and down in a very tight range as its business had been impacted by the Delta variant which force Government to relax/tighten control the crowds to malls multiple times..

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.

Capitaland - High Chance for Breaking Barrier

Technically, Capitaland volume looks good for a breakout of its previous high of 4.00

Lets watch tomorrow.

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.

Singapore Reits - SGX is About Reits and More Reits

10 Strongest Performing REITs & Property Trusts Over the Past 9 Weeks.	Code	Mkt Cap S$M	Total Return 14 May - 16 July %	Net Insti & Net Prop Flow 14 May - 16 July S$M	Total Return YTD %	Dividend Yield at 30 June %	Property Focus
ARA H Trust USD*	XZL	446	22	-2.6	35	N.A.	Hospitality
Lendlease REIT	JYEU	1033	21	10.8	23	6.4	Diversified
ARA LOGOS Log Tr	K2LU	1296	19	14.4	54	6.7	Industrial
AIMS APAC REIT	O5RU	1118	18	9.7	31	6.1	Industrial
Starhill Global REIT	P40U	1351	17	8.2	25	4.6	Retail
SPHREIT	SK6U	2643	17	7.7	16	4.0	Retail
ESR-REIT	J91U	1706	16	10.0	17	7.1	Industrial
ParkwayLife REIT	C2PU	2904	15	2.4	26	3.1	Health Care
Keppel Pac Oak REIT USD	CMOU	1041	14	-2.8	26	7.9	Office
OUE Com REIT	TS0U	2309	13	10.0	14	5.9	Diversified

Source: SGX, Refinitiv, Bloomberg (Data as of 16 July 2021), Note * Stapled Trust ** Business Trust.

Dairy Farm - COVID Spike But Price Did Not

Dairy Farm price remain the same while Sheng Siong only up by 0.02

Smart monies does not let the known event happen twice.

Price action of Dairy Farm continues its sideway movement.

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.

Lion OCBC Sec HSTech ETF HST - Support Resistance Intact

I believe the Chinese government is doing the right thing for the tech sector.   Government need to intervene when they see something wrong with the current system where the BIG sharks are eating away all the small fishes.  The China big tech price action are likely to move sideways for the movement.

09 July 2021 - Demand coming

15 July 2021 - Down setup

The parallel line can be seem easily even without drawing the support (1.25) and resistance (1.40).

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.

Dow Jones - Resistance Strong

Dow Jones hit strong resistance for 4 days before it broke down 300 points on the 5th day.

Resistance 35 000

Support     34 250

Worst case scenario may fall to 2nd support of 33 500

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.

Sheng Siong - Holding Steady At Support

Sheng Siong price action holding steady at support point.

Looks good to accumulate some at this point.

Financially well to continue paying good dividends.

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.

ComfortDelGro - Today End At Support Line

ComfortDelGro is not an exciting stock.  Today, the price action is at good support area.

Will it bounce back like previously?

Result looks quite flat but still positive.

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.

iFast - Wow Hit PE of 100

Wow, iFast now at 100 times earnings.  Any bad news will be nasty to the price action.

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.

Mapletree NAC - Slow But Steady

Mapletree NAC on a slow and steady uptrend.

2021 pandemic is not a good year for Mapletree NAC as it is making a loss.  If you believe in Temasek management, then it can be a good long-term buy, but it upside looks limited.

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.