Tuesday, October 10, 2023

Mapletree PanAsia - 10 Oct 2023

What does this stock chart says?

Buyer beware, now caught in a down channel.



Monday, October 09, 2023

ThaiBev - 09 Oct 2023

What does this stock chart says?

Daily and Weekly chart in sync, downtrend continuation.



Sunday, October 08, 2023

SGX - 06 Oct 2023

What does this stock chart says?

Daily chart shown an uptrend continuation.  

Weekly chart shows that there is trend continuation too, both are in sync.  However, price is also the peak, therefore the risk and reward is not that great anymore.  Price can continue to go higher but risk is also very high for those who enter at current price.





STI ETF - 06 Oct 2023

What does this stock chart says?

The selling climate seem to be over for now.   Likely to be listless next week as market wait for clearer direction. 



Saturday, October 07, 2023

Dow Jones - 07 Oct 2023

What does this stock chart says?

Based on chart, it seem the Dow is ready for a technical rebound back to 34000.  Keep watch next week.



Friday, October 06, 2023

Mapletree Log - 06 Oct 2023

What does this stock chart says?

The daily chart looks like it was a drastic drop.  Then you look at the weekly chart and the price was sold down to support level.   If next week price does not drop further, it is likely to have a technical rebound.  



Thursday, October 05, 2023

OCBC - 05 Oct 2023

What does this stock chart says?

Struggling to go up.



Wednesday, October 04, 2023

CapLand IntCom - 04 Oct 2023

What does this stock chart says?

Price drop to a good support level.  Smart monies are taking the bad news to wacked price down.

Interesting day.



Tuesday, October 03, 2023

iFast - 03 Oct 2023

What does this stock chart says?

Price getting weaker as it was unable to break the resistance.  May retest the support at 5.00  



Sunday, October 01, 2023

Nikko STI ETF - 29 Sep 2023

What does this stock chart says?

Neither up or down.  A directionless market.  The channel will get narrower till a breakout by either the buyer or seller.  :-) 



Singapore Stock Investment Research