CSE Global - 30 Jun 2023

What does this stock chart says?

Hit resistance on 11th day of upside.   Next week likely to be technical correct to around 0.375

ESR Reit - 28 Jun 2023

What does this stock chart says?

0.34 is the 1st resistance.  If can break higher, good chance to continue climbing.  

ComfortDelGro - 28 Jun 2023

What does this stock chart says?

Expecting some profit taking as price near its 1st resistance.

Frasers Log and Com - 27 Jun 2023

What does this stock chart says?

No clear direction, moving up and down channel as it gets narrower.

CapitaLandInvest - 26 Jun 2023

What does this stock chart says?

Trend is pointing downwards.  Price very near to lower support, if it holds, likely to get a technical rebound.  

Dow Jones - 23 Jun 2023

What does this stock chart says?

DJII still in an uptrend even though it is in a technical correction.

If sentiment remains bearish, it may further falls to the lower support if it failed the technical rebound next week.

Wilmar - 23 Jun 2023

What does this stock chart says?

Price still moving according to the upper down line of the descending triangle.  

Keppel Corp - 22 Jun 2023

What does this stock chart says?

2nd day after the EMA news for energy price which cause a gap down.  Seem like price is still bullish as it did not break its uptrend line.

Great Eastern - 21 Jun 2023

What does this stock chart says?

Oversea-Chinese Banking Corporation (OCBC) has purchased an additional 2,345,800 shares at Great Eastern Holdings, at a total cash consideration of S$39.9m.

In an SGX filing, OCBC said that the shares were priced at S$16.99 each.

OCBC now owns 88.4% of Great Eastern’s total shares, from 87.9% previously.

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2nd day after OCBC buys, long-term price still in down channel.  

SembCorp Ind - 20 Jun 2023

What does this stock chart says?

The Newa:

THE Energy Market Authority (EMA) will introduce a temporary price cap on wholesale electricity prices to prevent huge swings in electricity prices.

The cap, which will take effect from Jul 1, will be calculated using a formula that includes the long-run marginal cost of generation capacity, EMA said in a paper published on its website on Friday (Jun 16).

The move from EMA comes as Singapore households and businesses face sky-high electricity costs amid the global energy crisis due to the Russia-Ukraine...

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The heavy selling looks real from the chart volume.  It will continue its downtrend if tomorrow the price cannot rebound back.  Likely the start of a trend change.