Genting facing bullish pressure Price is reaching our support in line with our trend line, 78.6% retracement and 61.8% extension where we could see a bounce above this level.
Breakout Spotted On Affordable StocksBy using Trend Analysis, we can see that there is breakout in the 3 company while REX INTL is on a verge of breakout.
These share price per unit is very affordable and has great potential to raise further.
If judging the MACD Indicator (12 , 26) and Exponential Moving Average (15 , 30), all four of them are showing signs of uptrend.
We maybe able to predict that the price will increase further.
It may be worth to save these four stocks in the watch list and observe.
<TradeVSA> ThaiBev Ready to Mark-UpStrength Signal in the chart:
1. Green Pentagon
2. Accumulation stage
3. Shakeout pattern
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
SingTel testing resistance, potential reversalPrice is facing bearish pressure from our resistance where we could see a drop to our take profit targets.
Breakout spotted at DBS Group HoldingsUsing Chart Pattern analysis technique, DBS Group Holding just achieve a turning point 3 days ago.
From Exponential Moving Average (15 , 30), it is in uptrend.
While MACD ( 12 , 26), just have an upper cross.
One of the Wall Street rule is that a share price will bounce back to where it was.
The share price will probably reach 24.5 SGD in next few days.
AEM - Trend continuation?AEM looks to be finally breaking out of a long term bull flag which was in the making for almost 2 months. Will to test this breakout with an initial stop @ 3.12 (just below today's candle low) and with an intermediate target of 3.50 and a longer term target of 3.75 (40cts channel width projected onto the breakup level @ 3.25).
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Keppel facing bearish pressure, potential reversal Price is testing our resistance in line with our 100% extension and 61.8% retracement where we could see a reversal below this level. Prices broke out of our previous ascending trend line and we could be seeing a head and shoulders pattern being formed as well.
Wilmar testing resistance, potential reversalPrice is testing our resistance in line with our 61.8% extension and 78.6% retracement where we could see a reversal below this level to our take profit target.
Thai Bev - Long for the next swing upThaiBev is setting up a bullish divergence. Long at 0.69 with initial stop at 0.665 (just below recent swing low @ 0.67). Looking for an initial target of 0.735-0.74 to scale out partially. Trailing stops upwards if it can clear 0.74 for the next target @ 0.800.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
SGX facing bearish pressureFor SGX, I am seeing limited upside before it reaches our sell entry, in line with our 50% retracement and previous breakout level where we could see a reversal below this level.
SingTel approaching support, potential bouncePrice is facing bullish pressure from our buy entry in line with our ascending trend line, 50% retracement and 100% extension and a pullback to our buy entry could provide a good opportunity to go long. RSI is seeing a bullish breakout as well.
keep it and BUY MORE if we cross the blue line OCBC BANK : will continue to rise in the coming days, I advise you to double your investment after crossing the blue line
DBS - BREAKOUT BUY SIGNAL TRIGGERED- Buy signal at $21.00 has been triggered as shown by the red circle
OCBC facing bearish pressure Price is facing bearish pressure from our resistance in line with our 78.6% extension and 23.6% retracement where we could see a reversal here.
Keppel approaching resistance, potential reversalWe could see some upside in price to test our sell entry in line with our 61.8% retracement and 61.8% extension before a reversal.
CITYDEV testing support, potential bouncePrice is facing bullish pressure from our ascending trend line, 50% and 78.6% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level.
Riverstone - Ascending Triangle PatternAscending Triangle is a continuation (bullish) pattern.
Odds for this pattern is for the stock to break to the upside eventually. Long between 2.30-2.35 with a stop a few ticks below the lower triangle line @ 2.27. A break up is confirmed only when it CLOSES above 2.41.
Let's see if this trade will work out!
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Wilmar facing bearish pressurePrice is facing bearish pressure from our resistance in line with our 127.2% fibonacci retracement and fibonacci extension and a re-test of our sell entry could present a good opportunity for a short.
DBS approaching key support level Hey guys! Hope you manage to catch the reversal on DBS that I called previously, it is linked below so you can check out the previous idea there. Right now, I am still bearish on the stock and expect to see a further drop to our support at 20.00 before a bounce. What are your thoughts on this?
