A78 Long Term HoldInvested very small amount into this micro penny stock @ 0.003
TP: 0.021
What do you all think?
41H Symmetrical TriangleBought this stock in Dec 2020 @0.016 and it has been hovering around 0.015~0.017.
Day/Hourly Charts all look like symmetrical triangle breaking soon (?)
Plan
TP1: 0.023
TP2: 0.026
TP3: Depends on how the stock goes after TP2
SG: SIA ... to continue its fallLooking at the SIA weekly chart, it is obvious that there is a lower high, and a concomitant failure of the 55EMA. 4.15 is the final support, breaking down of this level means more downside.
The MACD, RPM and Volume Divergence are all supportive of the bearish outlook.
Possible to revisit its last low... around 3.50
SG: DBS ran out of juice...Just saw this weekly chart of DBS (D05)...
After a spectacular and amazing run up, DBS is clearly stalling out and poised to fall a good 10%, maybe more.
Candlestick patterns show a bearish inside candle, fallowed by another that gapped down.
point here is that if this is still remotely bullish, there should be better patterns and signs of strength somewhat.
MACD has stalled and is pretty much turning down.
the RPM and Volume Divergence all convergently signal downside to follow.
Notably, the recent spike broke out of a rising channel, and came back in... as with most pattern analysis, this type of breakout failure warrants a follow through out of the other side.
Bearish looking for DBS expected...
As DBS makes up a significant part of the STI, we can expect the STI to behave similarly too...
DBS is facing bearish pressure, potential for further dropPrice is facing bearish pressure and we could see a reversal below our sell entry here. Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.
Keppel is approaching resistance, potential reversal Prices are approaching our resistance in line with our longer term time frame's trend line where we could see a reversal below this level.
Genting a break below support could see a further drop Price is approaching our support target at 0.860 and a break below our ascending trend line and support level could see a bearish acceleration to our next support level at 0.820
Long term trade aligned with technicalsThe tailwinds are obvious - Singapore is gradually opening up to other countries. Airlines and travel industry is going to receive a lot of support (both consumer, government and businesses) and recover from covid eventually. Singapore Airlines is one the best international airlines in the world and is a safe long term play.
The stock price is consolidating with a triangle pattern and a bull flag formation. Coincidentally the next leg up is about the same length of the bull flag pole. Current price of $4.28 is a good entry price. Also has a good chance of breaking the weekly trend line at the top and return to pre covid levels to the $8s. This could be a slow gradual long term rally.
LONG SIA, reclaim of 200ma and bullish consolidationAs we can see, it has been in a prolonged downtrend since 2019 with the 20day ma acting as resistance for the 8 day ma. But alas, the 8day ma has reclaimed not only the 20day ma, but also the 200 day ma, and is now consolidating nicely.
this is apart from the bullish divergences and hidden bullish divergences previously which fuelled the 200ma reclaim.
The idea is a long so long as the 200ma holds. Stop loss should be a daily close below the MA to avoid stop hunting.
Key levels on GentingPrices are testing resistance where we could see a pullback to test our support level. Overall trend remains bullish as long as prices hold above our support target at 0.860.
CityDev could see a pullback to test support Price is facing bullish pressure from our support and a pullback to test our buy entry could see a further bounce above this level.
AWX.SGX_LongENTRY: 3.60
TP: 3.82
SL: 3.39
- ADX<25. Prefer it to be higher.
- RSI>60
- FFI +ve
- RSI -ve
- MAs are aligned
- 10MA about to cut above 40MA
- Break downtrend line on 4 Jan 2021 and held up well today with volume.
I07.SGX_LongENTRY: 0.430
TP: 0.480
SL: 0.385
- ADX<25. Prefer it to be higher.
- RSI>50. But pointing up.
- FFI and RSI +ve
- Looks like demand in play with many green volume on up and low volume on retracement since Aug 2020.
- Price squeeze in triangle.
EB5.SGX_LongENTRY: 1.50
TP1: 1.61
TP2: 1.67
TP3: 1.76
SL: 1.39
- FFI and RSI +ve
- Good volume breakup on 6 Jan 2021.
- Retraced with lower volume close to Fib 0.382 level.
- Entered with lower position.
UOB is approaching support, potential bounce Price is approaching our first support in line with our 50% retracement, 100% extension and horizontal pullback support where we could see a bounce above this level to our take profit target.
CityDev is still trading below the resistance line! CityDev is still trading below the resistance line! Our MA20 vs MA50 still shows that price is on a downward movement. Any idea when this drop could end ?
SIA saw trendline breakout to the upside ! SIA has been moving sideways and is seeing trendline breakout to the upside ! MACD is also showing bullish sentiment building slowly.
