S68 trade ideas
<TradeVSA> Stopping Volume in SGX !Sign of Strength in the chart:
1. Reversal with Green Market Stages
2. Climatic Volume with Sign of Strength
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
<TradeVSA> SGX - Clear Sign of Distribution with Red PentagonSign of Weakness in the chart:
1. Red Pentagon high volume
2. Price drop 20/40ma with high volume
3. No demand
4. No reversal with Sign of Strength
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
SGX - Inverted H&S breakupLong upon the break of the neckline at 8.86 wit initial stop below today's candle low @ 8.65. It may break up and retrace to retest neckline again within a week, if that happens, it's normal as long as it does not break more than a few ticks below the neckline.
Looking for H&S Target @ 9.80 (protect with trailing stops on the way up though).
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 (Things are about to get nasty)Updated View On SGX (29 MAY 2020)
SGX had a great fall and it has touched to strong swing support region $8 in recent days.
That's the reason why we are seeing some pullback action.
The pullback action may bring the price up higher but s long as it can't swing back above $9.2 region, we will expect to see more bearish actions soon.
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 - Time is Ripe for recoverySGX has been testing the Trendline Support around 8.15 in the past month. Today it tested this level again and is now bouncing just a little above the trendline. However it a weekly bullish divergence (between the stock price and stochastic) is now forming. The chance is better now for a slow recovery to to the upside with initial stop loss just below 8.10.
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.