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First Resources (SGX)View On First Resources (26 JAN 2020) This counter popped up in our scanner for the potential BEAR set up. It may swing up to 1.65~1.68 region but it can go lower eventually toward 1.45~1.50 region. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SGX:EB5
by SonicDeejay
2
Raffles Medical (SGX counter)Updated View On Raffles Medical (25 Jan 2021) This counter popped up in our scanner for the potential BEARish trade. I expect 0.895 region shall be next. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SGX:BSLShort
by SonicDeejay
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...
SGX:D05
by Auguraltrader
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.
SGX:C6LLong
by trilliondollar
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.
SGX:C6LLong
by charlielmao123