Genting Sing [1-3 weeks view]This is an analysis for a client
Technical indicators show room for further bearish downside.
Please do your own due diligence.
Losses can happen so please understand your risks and investment objectives first.
SingTel is approaching support, potential bounce Prices are approaching support where we could see a bounce above this level.
OCBC is facing bullish pressure, potential bounce Prices are approaching support in line with our ascending trend line where we could see a further upside above this level.
Singpost - Breakup of channel - testing next resistanceBreakout of descending channel, re-test support. Next testing the resistance as shown in the white box. Road to recovery might be longer than it takes. Lets keep in view.
Feel free to share your thoughts comments box. Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. Give a thumbs up if u like the analysis :)
Midterm Bullish on SingtelMidterm bullish on Singtel. Looks like an under and over on weekly. Reclaimed range low and it looks like it wants to tag range high.
Here are the bullish scenarios:
1) Tag and reclaim range high and move higher.
2) Tag range high, reject and range. (Most likely scenario)
There is a bearish scenario where price loses range low again and go lower. So far looks low probability.
Wilmar is facing bullish pressure, potential for further upside Prices are facing bullish pressure from our ascending trend line where we could see a further upside above this level.
City dev is testing support, potential bounce Price is testing support in line with our ascending trend line where we could see a bounce above this level.
Venture is approaching support, potentia bounce Prices are approaching our support, in line with our ascending trend line, 38.2%fibonacci retracement and 61.8% extension where we could see a bounce above this level.
SIA is approaching support, potential bounce Prices are approaching our ascending trend line, in line with our fibonacci confluence levels where we could see a bounce here.
SGX is facing bullish pressure Prices are facing bullish pressure from our ascending trend line and we could see a further upside from here.
Keppel Corp is approaching support, potential bounce Prices are approaching support in line with our ascending trend line where we could see a bounce above this level.
CityDev is approaching support, potential bounce Prices are approaching our first support in line with our ascending trend line where we could see a bounce above this level.
5GD.SGX_COC Trade_LongENTRY: 0.805
TP1: 0.900
TP2: 0.970
SL: 0.720
- ADX>20 but would like it to be >25 instead
- RSI<50 and would like it to be >50 to give confidence on COC
- RS -ve so slight risk
- FFI +ve
- COC on 11 Mar 2021 with good volume
- Breakout from HVN resistance yesterday with good volume
- Weekly chart looks good on reversal from support with good volume
- Watchout for price action near down-trendline
E5H.SGX_Breakout Trade_LongENTRY: 0.210
TP1: 0.230
TP2: 0.250
SL: 0.190
- ADX>25
- RSI>65
- RS and FFI +ve
- MACD daily +ve
- Breakout with good volume yesterday
SEMBCORP MARINE: SHORT SQUEEZE PARTY HAS NOT EVEN STARTED YET!EVEN AFTER TODAY'S 16% ONE DAY RALLY, EXPECT STRONG LEVITATION TO CLOSE GAP @$0.33 TO TRIGGER THE MEGA SQUEEZE ON SHORT SELLERS SOON!
ALCOHOL WILL ONLY BE SERVED AFTER $0.33!
Keppel LongsKeppel in this channel and price action seems to suggest a breakout.
If it does breakout this seems a good risk:reward setup
<TradeVSA> Sembcorp Ready for Markup !Sign of Strength in the chart:
1. Stopping Volume and Bag Holding
2. Strong accumulation with 4 NS signal
3. Lots of effort bars
Hit the "LIKE" button to support us :)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
SEMBCORP MARINE: MAJOR 480% SHORT SQUEEZE LIKE GME HAS STARTED!HIGH VOLUME BREAK OF 21 MONTH MA & THE BULLISH LONG TERM MONTHLY MACD CROSSOVER HAVE CONFIRMED THE PHOENIX SPECTACULAR RISE FROM THE ASHES!
SIMILAR TO SIA, EXPECT A MINIMUM 480% RALLY TO FEB 2020,THE PRE COVID BREAKDOWN LEVEL OF $1.08!
TOGETHER WITH OIL PRICES WHICH RECOVERED FROM 7 SUCCESSFUL DEFENCE OF ITS 50 DAY MA
& TO BREAK THE BULLISH PENNANT TO TARGET $90!
