Keppel Corp - Take Over Bid But Price Stale

Keppel Corporation price action remain stale even when announcing bid to take SPH private.  Did not manage to break the previous resistance.

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.

Dairy Farm - Be Punished When You Never Listen

Dairy Farm chart gave 2 warnings to buyers before it went lao sai.  

If you never listen, the punishment will be money loss.

Recognize support break if you does not want your money to be trap in a downtrend.

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 ETF - Week Ending 30 July 2021

Wow, time fly fast and today is the end of July 2021.

STI ETF still stuck in the resistance level where Down Setups, No Demand and Supply Coming keep appearing.

Likewise, at the support level, Sign of Strength, Selling Climax and Demand Coming keep the buyers coming in.

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 - Buy For Dividend

Bought Sheng Siong today at its support mainly for its dividend.  

I am more of a technical dividend investor or trader if you like to call it.  ;-)

27 July 2021 - Sign of strength 

(do note that technical signal might be wrong, invest on your own discretion)

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2021	3.89%	SGD 0.061	SGD0.031	2021-08-17	2021-08-30	Rate: SGD 0.031 Per Security
			SGD0.03	2021-05-07	2021-05-20	Rate: SGD 0.03 Per Security
2020	3.38%	SGD 0.053	SGD0.035	2020-08-14	2020-08-28	Rate: SGD 0.035 Per Security
			SGD0.018	2020-06-29	2020-07-07	Rate: SGD 0.018 Per Security

In the News:

Mainboard-listed supermarket operator Sheng Siong Group saw a more subdued first half, after the year-ago high base from a buying frenzy when the pandemic first hit.

Net profit was down by 11.9 per cent to $65.9 million, as revenue slipped 8.8 per cent to $681.7 million, according to unaudited financial results released on Thursday for the six months to June 30.

Transaction Value

Total Contract ValueSGD 6,280.00

CommissionSGD 10.00

Clearing FeeSGD 2.04

SGX Trading FeeSGD 0.47

GSTSGD 0.88

Total Commission & FeesSGD 13.39

Indicative Total ProceedSGD 6,293.39

Account-Cash upfront

ActionBuy

Stock NameSHENG SIONG

MarketSingapore

SymbolOV8

Order TypeLimit Order

Quantity4000

Order DurationGood for Today

Date-

PriceSGD 1.570

Settlement ModeCash Upfront

Settlement CurrencySGD

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.

Riverstone - Yet To Break Important Resistance

Riverstone moving sideways.

07 July - Signal of Strength

08 July - No Supply Test (support signal on 07 July)

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.

OLAM - Stuck in Down Channel

OLAM stuck in a downtrend channel since 8 June 2021.

Do not buy till there is a change in 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.

Raffles Medical - One Day Strong One Day Weak

Whether Raffles Medical can remain bullish depends on whether the price action can stay above the gap up area.  So far, the chart is still quite bullish.

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.

NanoFilm - Uptrend Intact

NanoFilm had been on an uptrend since its listing.

No change in uptrend direction.

Quarterly financial performance is great although its PE is at the high of 62 however still lower than iFast of PE 100.

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.

Nikko STI ETF - Waiting For Direction

STI already up more than a year and now everything is at the all time high.

Nikko STI ETF is also waiting for further direction.  

What direction? 

Delta Variant direction, Inflation and the FED simulation.  

Resistance - 3.27

Support  - 3.15

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.

CapitaCom - Malls are Range Bound

CapLand IntCom Trust price action is range bound like Suntec.  

Seem like all the malls and commercial reits price action are alike.

Support near 2.10

Resistance near 2.20

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.