Genting SP - Trend Change to Up

Genting SP downtrend have completed like many other stocks.

Genting SP is now trending up.  Go long and follow till the smart monies decided to change its course.

SIA - Gap Up As It Partner with Malaysia Airlines

Smart monies gap up SIA as it Sign Wide-Ranging Partnership Agreement With Malaysia Airlines.  Smart monies are opportunities seeker, up side must sync with good news.

Hi-P - Stop by Resistance

Hi-P  uptrend was stop by resistance.  Many technical trader will sell at resistance and if there is a break out, they can buy back.  You waste some brokerage but play it safe as most stocks respect resistance.

Sembcorp Marine - Price Spike Despite Poor Fundamental

Sembcorp Marine fundamental is quite poor as it had been losing money for many years.  Smart monies take the recent Keppel Corp good news to pump up its share prices.  How long will smart monies support the price, we retail investor won't know, best to avoid.

Bukit Sembawang - Going Up Bit by Bit

Like all other property stocks, Bukit Sembawang price had turned positive.

SGX - Price Pump Up Through The Sky

Nowadays, smart monies don't give you chance to think, once there is an opportunity, they will gap up the price as high as possible and then hold it there for distribution to the retail investor.  It can distribute till another quarter or another till when result will be lousier than this record quarter.

Study the banks chart last year and you will know that they are using the same tactics again and again.

STI ETF - STI Uptrend Still Ongoing

STI ETF still in up channel.  Resistance at 3.25 is near.

Thanks to Trump who did not do any negative tweet last week.  No Trump tweet is good news.

Rex Intl - Downtrend Accumulation Uptrend

Technical cycle

Downtrend is followed by Accumulation and then finally Uptrend again.

Keppel Corp - by Spinning_Top

This written by user Spinning_Top from Investing Note.

Tale of my trade: Unexpected fast profit from swing trade: Keppel Corp 
$Keppel Corp(BN4.SI) 
#TA

Pattern used: Thee Buddha Bottom (Inverted Head and Shoulders)

EP : 6.02 
Stop Loss : 5.80 
Original TP : 6.32 
Final TP : 6.75

Keppel Corp had exhibited some volatility in price during end Dec 2018 closing at a low of 5.67 to almost 7 dollars in Apr 2019. In early Oct 2019, I noticed that a Three Buddha Bottom had formed (see circle A, B, C). B is a crucial support when it is also at the exact same support point at ZZ (5.67) in Dec 2018. When price hit 5.67, it bounced, so you know it is very strong.

When the price bounced back up at C (to become the Three Buddha Bottom), it had the potential to reach at least 6.35 (the peak between B and C). 
I made my entry on Mon 14 Oct at 6.02 when it opened above the 21 DMA. Sadly, it closed lower on the day. The next few sessions, it was moving sideways.

On Fri 18 Oct, due to less than stellar results, the price plummeted and reach a low of 5.84. I did not sell as I made my stop loss at 5.80 (1 point lower than support C).

On Mon 21 Oct, there was a trading halt and by afternoon, I learnt of a partial offer of 7.35 by Temasek Holdings.

As this is a designated trading play, I do not intend to wait for the offer to materialize ( 1 year later) with all conditions met, I sold off on Fri 24 Oct morning at 6.75 when the momentum was still building up.

OCBC - Stuck in Narrow Channel

OCBC long-term trend is down.

Sell on short-term strength.