Sunday, October 15, 2023

Nikko STI ETF - 13 Oct 2023

What does this stock chart says?

Unexciting as keep moving sideways.  No need to talk much. :-)





S&P 500 - 13 Oct 2023

What does this stock chart says?

Long-term trend still up.  Short-term is down as it is moving inside the min-channel.  

Uptrend will be disrupted if it break the lower up channel support.



Friday, October 13, 2023

Wilmar - 13 Oct 2023

What does this stock chart says?

When the long-term trend is done, it will just continue till there is a reversal.  Any rebound is to a sell at resistance.



Thursday, October 12, 2023

ST Eng - 12 Oct 2023

What does this stock chart says?

Very bullish bar today.  Tomorrow will be decisive whether the rally can continue.  



Wednesday, October 11, 2023

Singtel - 11 Oct 2023

What does this stock chart says?

Resistance 2.58

Support 2.30

Trending slowly downwards.  




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.



Singapore Stock Investment Research