Thursday, December 31, 2020

Alibaba

 


Indeed it has a nice bounced off from the recent low of $207 but the volume seem rather low. I think is Good to wait for market clarity!




Pls dyodd.


Chart wise, free falling.

The selling down seems rather fierce, looks like it may retest $207.



Need a technical rebound from the current price level. If not, next it may likely go down to test $180 upon breaking down of $197 with extension to $168..




Monday, December 28, 2020

BaBa SW

 Chart wise, free falling.

The selling down seems rather fierce, looks like it may retest $207.




Need a technical rebound from the current price level of not, next it may likely go down to test $180 upon breaking down of $197 with extension to $168..




Sunday, December 27, 2020

YZJ

 Chart wise, looks like it is being trapped in a consolidation mode patterns! I think likely to stay in this manner for a while unless a catalyst happen!




Short term wise, I think likely to go down to retest 90 cents again! It may likely do a bounce off from 90/90.5 cents and rises higher to retest the upper resistance line .

Recently, the company has won a few contacts but price didn't seem to rise in tandem with new order winning.. I think is good to be extra cautious! 



Not a call to buy or sell.

Pls dyodd.


Thursday, December 24, 2020

MLT

 Chart wise, looks like she may rise higher to retest $2.02!




A nice breakout plus good volume that may likely drive the price higher towards 2.11 level with extension to 2.20.


Not a call to buy or sell.

Pls dyodd.


Wednesday, December 23, 2020

Mapletree Ind trust

 Chart wise, looks like she is doing a reversal counter trend, gaining strength and May likely retest $2.90.




Short term wise, I think a nice breakout of $2.90 coupled with high volume that may likely drive the price higher towards $3.00 and above.


Not a call to buy or sell.

Pls dyodd

Sunday, December 20, 2020

STI

 Chart wise, it is now doing a consolidation mode after a nice running up!




Will it continues to move up to retest 2920 or begin to turn weaker and moving down to rest 2794 again!


With US manage to strike the agreement for the relief package Will this bring cheers to local market!



Let's monitor and see how it fares for the next few days before making the next course of action!

Pls dyodd.


Saturday, December 19, 2020

Thaibev

 Chart wise, looks bullish!

Likely to continue to trend higher!


In any stocks trading , we need to have a trading plan in place to execute our plan.




Right now it is consolidating after touching the high of 76.5 cents. It would be good to wait patiently for market confirmation for the price action to rise up and cross over 76.5 cents or 1 pip higher at 77 cents smoothly that would be the triggered point for the price momentum to continue this uptrend mode direction!



Short term wise, I think a nice breakout of 76.5 cents smoothly coupled with high volume that may likely drive the price higher towards 80 cents then 86 cents with extension to 90.5 cents.


Not a call to buy or sell.

Pls dyodd.


Thursday, December 17, 2020

Maple NAC

 Chart wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think likely to reclaim 1.00 and rises up to test 1.04.

Breaking out smoothly plus good volume that may likely drive the price higher towards 1.10 with extension to 1.20.


NAV 1.33.Yield is about 7%..


Not a call to buy or sell.

Pls dyodd.


Tuesday, December 15, 2020

CICT

 Looks like the price chart patterns has overly extended and likely see further weakness!




Short term wise, I think likely to move down to retest $2.09 then $2.05 with extension to $1.99.


Not a call to buy or sell.

Pls dyodd.

CRCT

 Wah,finally a bearish wise bar appeared on the chart down 5 cents to close at $1.33, looks rather weak!

Short term wise, I think it may continue to see further selling down pressure!




Tomorrow new share will be started to trade ,I think many would take this opportunity to lock in profit!


I think price may get corrected towards $1.20-$1.25.

Pls dyodd.


Monday, December 14, 2020

STI

News is out!
Will the index turn lower !
Let's see how react today!



Not a call to buy or sell.
Pls dyodd.




overly extended, I think is Good to take a breather!



Short term wise, I think is Good to let it correct lower so as to absorb the recent gain. If not, the falling down could be at a faster speed!


Not a call to buy or sell.

Pls dyodd.


Sats

 Chart wise, looks bullish!

Likely to continue to trend higher!




Short term wise, it may likely move up to retest $4.46 level. Breaking out smoothly plus good volume that may likely drive the price higher towards $5.00 then $5.13 .


Not a call to buy or sell.

Pls dyodd.

Saturday, December 12, 2020

Ascendas Reit

 Chart wise, it has managed to bounced off from the low of $2.88 and rises higher to touch the high of $2.94 and close well at $2.93 last Friday, looks rather interesting!




Will it be able to rise further and move up to retest $3.00 for the coming week!

This would likely set the market direction going forward!

I think is good to monitor and stay cautious!

PO price was $2.96.

Current price is trading below the PO price, of which I think it may still attract some buying interest!

Yearly DPU is about 15 cents. Yield is about 5.1%. Half yearly dividend. Yield is pretty decent for this Giant Industrial reit counter.



Not a call to buy or sell.

Pls dyodd.


Friday, December 11, 2020

CapitaR China trust

 Chart wise, looks like it is hovering near the major resistance at about $1.34 area. It will need a strong crossing over accompanying with good volume in order to overcome it!




Yearly dpu is still not really showing sign of improvement, estimate yearly dpu of 6.35 cents. Yield is about 4.8% base on current price of $1.32. So, I think is Good to lock in profit! 



The PO of $1.17. 

New unit will be trading on 16 December. I think Big boys might take this opportunity to offload their share for a nice profit!

Not a call to buy or sell.

Pls dyodd.


Dbs

 Chart wise, looks like loosing steam and may see further weakness!




Short term wise, I think a broken down of the recent low of $24.93 level would be rather bearish/negative.


Breaking down of $24.93 plus high volume that may likely drive the price lower towards $24 then $23.66 with extension to $22.95.



Not a call to buy or sell.

Pls dyodd.


Wednesday, December 9, 2020

STI ETF

 I think IS good time to lock in profit and wait for the index to go below the RSI 30 then slowly accumulate again. 




This method of operation is to buy into STI ETF whenever it is in an oversold condition

 and to 
sell off and take profits whenever it is in an overbought condition. 

For example, one may use the  indicator such as the Relative Strength Index (RSI) to gauge when it is overbought ( above 70 ) or oversold condition( below 30).


One may plan to buy and selling of units in several batches whenever in oversold or overbought conditions in order to get the best average price.



For example you may plan to buy in at different interval or whenever the Oversold situation happen .


In any one year, there will be three to four such window opportunities of overbought or oversold conditions to operate by buying or selling units of the ETF. At the same time, we can also kept some units always to receive dividend income and for their long term growth in price appreciation.

With discipline and patience , one should be able to get good average returns per year in excess of certain % by this one simple strategy of investing in one single ETF .I think This simple one strategy is safe and allow one to sleep soundly at night without worry of negative news affecting individual stocks in one's portfolio which could crash the share price of the particular stock the next day. This is because even if one or two of the component stocks in STI ETF of blue chips should collapse in share prices, there will be 28 others to diversify away the risk of the entire portfolio collapsing at anytime.


As for younger folks who just started out working and does not have enough cashflows and savings , one may start to spread out the different batch of buying or applying the Dollar-cost-averaging method by investing $1000 at 6-8 different batches that would be able to achieve  lower average costs per unit. 

MLT

 Chart wise, looks bearish!

Will she bounce off from the current support and rises up to test $2.00 or continue to slide down further to revisit $1.85.




I am waiting to add a bit if price turn weaker.


Not a call to buy or sell.


Pls dyodd.


Monday, December 7, 2020

STI

 Chart wise, looks like the index is overly extended, I think is Good to take a breather!




Short term wise, I think is Good to let it correct lower so as to absorb the recent gain. If not, the falling down could be at a faster speed!


Not a call to buy or sell.

Pls dyodd.


Saturday, December 5, 2020

Genting Sing

 Chart wise, looks rather bullish!

Likely to continue to trend higher!




Short term wise, I think she is likely to move up to retest the recent high of 86.5 cents.

A nice breaking out accompany with high volume that may likely drive the price higher towards 90 cents then 95 cents with further extension to $1.05.


Not a call to buy or sell.

Pls dyodd.


Venture

 Chart wise, looks rather bearish!

Likely to continue to trend lower!




Short term wise, I think she may likely move down to retest the recent low of $18.65.

Breaking down of this level plus high volume that may likely slide down further towards $18 then $17 with extension to $16 and below.


Not a call to buy or sell.

Pls dyodd.


UOB

 Chart wise, it it showing sign of weakness and may likely doing a Downtrend Reversal chart patterns!




Short term wise, I think she may go down to retest the recent low of $22.38 price level.

Breaking down of this level plus high volume that may likely drive the price lower towards $22 then $21.08 with further extension to $20.00.


Not a call to buy or sell.

Pls dyodd.


Friday, December 4, 2020

AR

 


Just checked the share hasn't been credited to my cdp account.

Most probably Monday then we can hear news about this allocation!




Is good to monitor and know how many shAre you have been allotted.

Pls dyodd.

Wah, Monday can go to ATM to press and subscribe to the new share! 

The newly PO share will start to trade on 9th Dec 2020.




Benefits of the Proposed US Acquisition

The Proposed US Acquisition will bring the following benefits to Unitholders:

(i) Increases exposure to US technology cities and diversifies Ascendas Reit’s 

portfolio;

(ii) Strategic location in San Francisco, a leading technology city in the US; 

(iii) Well-located in South of Market, an attractive submarket in San Francisco;

(iv) High quality and newly completed properties;

(v) High occupancy rates, long remaining lease tenures and annual rent escalations;

(vi) Increases proportion of freehold land held by Ascendas Reit;

(vii) Strengthens Ascendas Reit’s US tenant base; and

(viii) DPU and net asset value accretive to Unitholders.

(See announcement titled “Proposed Acquisition of Two United States Office Properties 

Located at 505 Brannan Street & 510 Townsend Street, San Francisco, California, United 

States” dated 10 November 2020 for further information.)



I think IS a great opportunity to participate and subscribe to the new PO!

Not a call to buy or sell.

Pls dyodd.


Thursday, December 3, 2020

KDC

 Chart wise, looks bearish!

Likely to continue to trend lower!




Short term wise, I think she may likely move down to retest $2.64. Breaking down plus high volume that may likely drive the price lower towards $2.50 then $2.35 with extension to $2.20.


Not a call to buy or sell.

Pls dyodd.


CICT

 Chart wise, she is showing sign of weakness, likely to see further selling down pressure.




Short term wise, I think she may likely move down to retest 1.90/1.88.

Breaking down plus high volume that may likely drive the price lower towards 1.83 then 1.80.


Not a call to buy or sell.

Pls dyodd.


Tuesday, December 1, 2020

PropNex

 Chart wise, looks bullish!

A nice breakout yesterday and close well at All-time-high of 73 cents, looks rather positive!

Likely to continue to trend higher!




Short term wise, I think she may likely take a breather before continue to resume further upwards movement!

It may likely move up to test 80 cents after taking a break!

I think Apache Realty may also follow as they are in the same sector.

Not a call to buy or sell.

Pls dyodd.


Straco

A nice white soldier appeared on the chart Today , looks rather bullish!

Likely to continue to trend higher!




Short term wise, I think likely to move up to retest 60 cents.

A nice breakout smoothly plus good volume that may likely drive the price higher towards 67 cents then 70.



Not a call to buy or sell.

Pls dyodd.


Monday, November 30, 2020

Ocbc Bank

 Today she is having a Gap down candlestick looks rather bearish,likely to see further weakness!




Pls dyodd.



Chart wise, looks like we are going to see a Reversal downtrend happening soon! Bearish engulfing candlestick, big fish offload liao!


Short term wise, I think likely to see further profit taking and drive the price lower. not a call to buy or sell. Pls dyodd.

Sunday, November 29, 2020

UOB

 Chart wise, looks like she has further weaken and may likely continue to trend lower!




Short term wise, I think she may likely go down to retest $22.00.

Breaking down of this level plus high volume that may likely drive the price lower towards $21.00.


Pls dyodd.




Chart wise, looks like reversal is happening now! Bearish engulfing candlestick, big fish are offloading..


Short term wise, I think likely to see further selling down pressure! Not a call to buy or sell. Pls dyodd.

CRCT

 Chart wise , looks bearish!

Likely to see further weakness!


Short term wise, I think she may move down to retest $1.20 again!




Breaking down of this level plus high volume that may likely drive the price lower towards $1.16 & below.


Not a call to buy or sell.

Pls dyodd.


MLT

Looks like she is moving up to retest $2.00.




Need a nice push to reclaim $2.02 smoothly in order to reverse this downtrend chart patterns!


Not a call to buy or sell.

Pls dyodd.


Saturday, November 28, 2020

Frasers Property

 TA wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think likely to move up to re-conquer $1.32. A nice breakout coupled with high volume that may likely drive the price higher towards $1.40 with extension to $1.51 .


Not a call to buy or sell.

Pls dyodd.


Genting Sing

 Chart wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think she would move up to retest 86.5 cents again!

Breaking out smoothly plus good volume that may likely drive the price higher towards 90 cents then 95 cents with extension $1.00.


Not a call to buy or sell.

Pls dyodd.


Sembcorp Marine

 Chart wise, she is doing a counter trend reaction, looks rather bullish!

Likely to continue to trend higher!




Short term wise, I think she may move up to retest the recent high of 17.8 cents. Breaking out smoothly plus good volume that may likely drive the price higher towards 20/20.5 cents with extension to 23.5 cents.


Not a call to buy or sell.

Pls dyodd.



Tuesday, November 24, 2020

UoB

Chart wise, looks like reversal is happening now! Bearish engulfing candlestick, big fish are offloading..

Short term wise, I think likely to see further selling down pressure! Not a call to buy or sell. Pls dyodd.

OcbcBank

Chart wise, looks like we are going to see a Reversal downtrend happening soon! Bearish engulfing candlestick, big fish offload liao!

Short term wise, I think likely to see further profit taking and drive the price lower. not a call to buy or sell. Pls dyodd.

MIT

 Chart wise, looks bearish!

Likely to continue to trend lower!




Short term wise, I think she may likely go down to retest $2.94. Breaking down of this level plus high volume that may likely drive the price lower towards $2.86 with further extension to $2.75.


Not a call to buy or sell.

Pls dyodd.

DBS

chart wise, looks like price has been pushing up too much and too fast , the danger of falling down is greater!

I think IS good to lock in profit and be prepared for market to determine the next direction! All good things has to come to a halt in one way or another! Not a call to buy or sell. Pls dyodd.

Comfort Delgro

 Wah, she is showing us super wide bullish candlestick today , looks rather bullish!

Likely to propel ahead!




Short term wise, I think she may likely move up to retest $2.00 again! Breaking out smoothly plus good volume that may likely drive the price higher towards $2.20'


Not a call to buy or sell.

Pls dyodd.


Sunday, November 22, 2020

STI

 Chart wise, looks like price patterns has a very impressive running up looks like overly extended likely to see a retracement happening any moment!




Immediate support is about 2764. Overhead resistance is at 2839.


Not a call to buy or sell

Pls dyodd.


Saturday, November 21, 2020

CICT

 C38U - the price has retreated after touching the high of $2.06, I think uptrend mode still intact!




Short term wise, is good to monitor and see if price can move up to retest 2.03/2.06 again!

Breaking out smoothly plus good volume that may likely drive the price higher towards $2.10 then $2.16 with extension to $2.27.


Not a call to buy or sell.

Pls dyodd.


Sbs Transit

 Chart wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think she is likely to rise $3.38. Breaking out smoothly plus good volume that may likely drive the price higher towards $3.60 then $3.78.


Not a call to buy or sell.

Pls dyodd.


Friday, November 20, 2020

Ascendas Reit

 Wah, Monday can go to ATM to press and subscribe to the new share! 

The newly PO share will start to trade on 9th Dec 2020.




Benefits of the Proposed US Acquisition

The Proposed US Acquisition will bring the following benefits to Unitholders:

(i) Increases exposure to US technology cities and diversifies Ascendas Reit’s 

portfolio;

(ii) Strategic location in San Francisco, a leading technology city in the US; 

(iii) Well-located in South of Market, an attractive submarket in San Francisco;

(iv) High quality and newly completed properties;

(v) High occupancy rates, long remaining lease tenures and annual rent escalations;

(vi) Increases proportion of freehold land held by Ascendas Reit;

(vii) Strengthens Ascendas Reit’s US tenant base; and

(viii) DPU and net asset value accretive to Unitholders.

(See announcement titled “Proposed Acquisition of Two United States Office Properties 

Located at 505 Brannan Street & 510 Townsend Street, San Francisco, California, United 

States” dated 10 November 2020 for further information.)



I think IS a great opportunity to participate and subscribe to the new PO!

Not a call to buy or sell.

Pls dyodd.


OcbcBank

 Wah, next week may likely retest $10.00 again! Huat ah!




A nice breakout coupled with high volume that may likely drive the price higher!


Not a call to buy or sell.

Pls dyodd.


 Chart wise, looks bullish!

I think price is A bit of overly extended likely to retrace before making the next direction.




Short term wise, I think it will likely be taking a pause before continuing this uptrend mode direction!

Likely to move up to retest the resistance at about $10.00. Breaking out plus good volume that may likely drive the price higher towards $10.50 then $11.


Not a call to buy or sell.

Pls dyodd.


Thursday, November 19, 2020

ComfortDelgro

 Beautiful! It is trending up nicely towards $1.70 , looks rather positive!




Short term wise, I think a nice breakout of $1.70 coupled with high volume that may likely drive the price higher towards $1.80 then $1.90 with extension to $2.


Pls dyodd.


 Lai ah, no more durian dropping!

It is recovering and is trending higher, looks encouraging!




Short term wise, I think she may likely reclaim $1.55.

Breaking out smoothly plus good volume that may likely drive the price higher towards $1.60 then $1.70 with extension to $2.00.


Not a call to buy or sell.

Pls dyodd.