Capitaland Seem Like It Want To Bounce

Long-term trend = Sideways

Price takes 2 days to bounce above 200 and then 150 MA.

If Trumpet don't do any negative tweets with Xi, then it may retest the cold wall of 3.70

Keppel DC Reit - New 52 Weeks High 1.83

Recently, just posted that you should follow Keppel DC Reit uptrend and today it hit another new 52 weeks high during closing at 1.83, day high was 1.84.   But be careful, this trend had been very long (started Jan 2019) and you need to keep a close watch of the bullish trend reversal.

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Monday, August 19, 2019

Keppel DC - Uptrend Still On Going

https://sgstocklink.blogspot.com/2019/08/keppel-dc-uptrend-still-on-going.html

Singtel - Landed Below the 200 MA

Singtel rounding top trend reversal had now landed below the 200 MA which is a sign of weakness.  Avoid for now.

ComforDelGro - Downtrend Still Ongoing

Likely to go further down as it yet to come out of its down lines.

DBS - Sitting At Support Level

DBS like OCBC, also sitting at support level, its either down or bounce.

OCBC - Bought During Today Dip @ 10.51

Sustainable Yield Screening Puts DBS, OCBC, UOB in High Ranking

The three banks all maintain an indicative dividend yield above 4.0%, currently averaging 4.5%, with DBS distributing dividends on a quarterly basis, and OCBC and UOB distributing dividends on a semi-annual basis. 

https://www2.sgx.com/research-education/market-updates/20190820-profit-growth-sustains-dividend-yields-dbs-ocbc-uob?utm_source=MG&utm_medium=EDM&utm_campaign=alwayson&utm_term=260819&utm_content=MarketInsight

OCBC had fallen to a good support area and took the chance to buy around the support of 10.51

At this price, dividends is around 4% and I consider it quite decent.

Trump self-acting again on trade war negotiation to ease market worries.  Therefore, I try not to read the news and trade according to what the chart says.

https://www.marketwatch.com/story/trump-says-china-called-twice-to-restart-trade-talks-2019-08-26

Close up, the candle are performing a little higher low.

Black Monday - Bloody Monday Again

DJI drop 600 points.

When Trump going to learn, punch people and people will punch back.

China call USA a bully and yet China also a bully in the South China Sea.

Its all for their own benefits, nothing else.

Good read where history again repeat itself:

https://www.marketwatch.com/story/the-trump-era-could-wind-up-like-the-1930s-2019-08-23

Now, looking at the DJI chart, keep your trading short as long as Trump is still the president as you won't know what he is going to do next.

ST Eng - Buy Spot: 4.02 Stop loss: 3.80 Take profit: 4.40

Support 1: 3.96 Resistance 1: 4.35 Support 2: 3.86 S

ST Engineering (SGX:S63) share price has rallied since 3Q2018. Although the stock took a dip in recent months, we believe the stock has strong upside based on the technicals:
1. The bullish piercing line candlestick pattern formed above the 78.6% of the Fibonacci retracement level of 4.35-3.86
2. RSI Bullish divergence indicates a strong bullish momentum ahead.
3. The stock has been making series of higher highs and lows and the uptrend line is still intact.
4. Price has been trending above the 200 SMA. CHART LEGENDS

Red line = 200 periods moving average

Singpost - Looks Good for Potential Curve Up

Singpost looks like potential curve up.

Singtel - Potential Short-Term Upside

Singtel look bullish for the short-term.  Long-term earnings might not be good due to the very competitive mobile data environment.