Singaporestocks
Singtel Z74 SGX BUY/LONG 2.30 to 2.86 by September 2021TICKER CODE: Z74
Company Name: Singapore Telecommunications Limited
Industry: Telecom Services| Communication Services | Singapore
Position Proposed: BUY
Technical Analysis
1. Large Inverted Head & Shoulders (Forming)
2. Pennant Pattern (Broke out and Retraced)
3. Take Profit will be at Key structure level and 80% of Head & Shoulders Price Rane
Entry: NOW READY (2.30-2. 50 )
1st Partial Take Profit: 2.86(August-September 2021)
Note that timeline buffered, I would expect Full Take Profit by Early 2022
2nd Partial Take Profit Analysis will be updated when we are close to our 1st Take Profit Area
MEDTECS SGX BUY/LONG 1.15 to 2.65 by end 2021TICKER CODE: 546
Company Name: Medtecs International Corporation Limited
Industry: Medical Instruments & Supplies | Singapore
Technical Analysis
1. Large Pennant Pattern Broke out and retested already
2. Fibonacci Retracement at 0.618
3. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: Already Active (0.90-1.15)
1st Partial Take Profit: 2.65 (May consider full exit here)
2nd Take Profit: 3.80 (The market may not reach here as there is not enough historical data to project)
Stop Loss: 0.45
EXPECTED Take Profit in September - December 2021
OV8 BUY/LONG INCOMING! 1.45 to at least 2.30! TICKER CODE: OV8
Company Name: Singapore Airlines Ltd.
Industry: Grocery Stores | Consumer Defensive | Singapore
Technical Analysis
1. Large Pennant / Falling Wedge Pattern Broke out and WAITING for Retracement
2. Fibonacci Retracement at 0.5 ( Silver Zone)
3. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: NOT Ready
Entry at: 1.45 - 1.55
1st SAFE Partial Take Profit: 2.30
EXPECTED Take Profit in November 2021 - March 2022
MEDTECS SGX BUY/LONG 1.15 to 2.65 by end 2021TICKER CODE: 546
Company Name: Medtecs International Corporation Limited
Industry: Medical Instruments & Supplies | Singapore
Technical Analysis
1. Large Pennant Pattern Broke out and retested already
2. Fibonacci Retracement at 0.618
3. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: Already Active (0.90-1.15)
1st Partial Take Profit: 2.65 (May consider full exit here)
2nd Take Profit: 3.80 (The market may not reach here as there is not enough historical data to project)
EXPECTED Take Profit in September - December 2021
C6L BUY/LONG 4.40 - 6.20! Market could fall back after thisTICKER CODE: C6L
Company Name: Singapore Airlines Ltd.
Industry: Passenger Airlines | Transportation/Logistics | Singapore
Technical Analysis
1. Large Pennant / Falling Wedge Pattern Brokeout and Retraced already
2. Large Head & Shoulders
3. Fibonacci Retracement at 0.786 ( Silver Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: Now Ready - 4.40 - 4.70 (The market could reach 4.40)
1st SAFE Partial Take Profit: 6.20
EXPECTED Take Profit in September - December
Y92 BUY/LONG INCOMING! 0.620 to potentially 1.100 and higher! TICKER CODE: Y92
Company Name: Thai Beverage PCL
Industry: Alcoholic Beverages/Drinks | Consumer Goods | Singapore
Technical Analysis
1. Large Pennant / Falling Wedge Pattern Broke out and Retraced already
2. Large Head & Shoulders
3. Fibonacci Retracement at 0.618 (Golden Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
5. Full Take Profit at Fibonacci Expansion 1.618 is also at H&S Take Profit (80% of Head Price Range)
Entry: NOT READY
Entry Price: 0.620
1st SAFE Partial Take Profit: 0.910
2nd Partial Take Profit: 1.100
EXPECTED Take Profit in November 2021 - July 2022
NOTE THAT MY BIAS ON this would be a good long climb in the coming years.
Expecting the market to climb to 1.8++
SG Market Technicals Ahead (7 Dec – 11 Dec 2020)The Straits Times Index (STI) retraced -0.56% (-15.93 points), implying the play of the weekly Bearish Shooting Star candle highlighted last week. This retracement also coincide with the gap resistance zone of 2,900-2,960 levels.
However, STI have exhibited its first major moving average golden cross (50DMA vs 200DMA) which was last witnessed in March 2019. The significance of this major MA golden cross is a midterm predictor for direction of its market index in the next 6-9 months. The major support to watch at this junction is at 2,785 level, a minor classical support established last week.
Straits times Index Long Term ViewLooking At Daily Times Fram e Chart What I Predict For TVC:STI is:
Breakout above Resistance 3120 Will Head It towards Its Next Big Hurdle 3180
Major Support Is 2955 (26 oct 2018 Low) and Psychological Support of 3000
For Next 2-3 Months Trading Range Can Be between 3200-2900
DBS Daily Update (15/11/17)Price is at multi-year high (Dec 1999) $24
Price could see a temporary retrace, but will not be looking to short this pair as support of 23.4 is near.
unless $23.4 is broken, short would then be considered.
Next support zone, $21.5 / $20.5
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
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