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.  :-) 



Friday, September 29, 2023

Frasers Centrepoint - 29 Sep 2023

What does this stock chart says?

Moving up and down the weekly support and resistance which is getting narrower.  Need to wait for a break out direction.  



Thursday, September 28, 2023

Genting SP - 28 Sep 2023

What does this stock chart says?

Long-term trend is down.  Getting a good support at 0.82



Wednesday, September 27, 2023

CapLand IntCom - 27 Sep 2023

What does this stock chart says?

Look at the weekly chart, maybe further down the lower support before a technical rebound.



Tuesday, September 26, 2023

DBS - 26 Sep 2023

What does this stock chart says?

DBS price is range bound.  The risk of breaking support is higher.  That day will be when interest rate cut or maybe sooner. 






Monday, September 25, 2023

SembCorp Ind - 25 Sep 2023

What does this stock chart says?

Long-term chart still bullish, however short-term in price consolidation.  Be careful if it break support.  




Singapore Stock Investment Research