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Saturday, February 27, 2021

Fastly Inc

 TA wise , bearish mode!

Likely to see further selling down pressure!




The current price of 73.58 is trading below the EMA 50 & 200, looks rather negative!

Short term wise, it may go down to retest the pivot low of $61.91. Breaking down of this level plus high volume that may likely drive the price lower towards 44 level.

If you are doing trading, it would be good to stick to your trading plan. 

Protecting of capital loses is ultra important!

Not a call to buy or sell.

Pls dyodd.


Friday, February 26, 2021

Snowflake

 Looks like it is snowing now! Bearish mode after hitting the high of $400+, the price has been corrected quite a bit to close at $259.54, looks rather negative!


Likely to see further selling down pressure!




The price is staying below the Moving Averages which is a sign of weakness and May trend lower!

Short term wise, I think tech sector may continue to see further selling down pressure and it might be good to wait for it to normalize!



The share price may go down to retest the recent low of $242.00. A breaking down coupled with high volume that may drive the price lower towards 235.


Not a call to buy or sell.

Pls dyodd.



Thursday, February 25, 2021

Frencken

 Chart wise, looks bearish!

Likely to see further selling down pressure!




Short term wise, I think likely to breakdown the recent low of $1.21. Sliding down of $1.21 plus high volume that may likely drive the price lower towards $1.10 then $1.00.


Not a call to buy or sell.

Pls dyodd.


Sats

huat ah! She is on a nice uptrend mode chart patterns! likely to continue to trend higher!

Today she has a nice breakout of the recent high of $4.46 plus close well at $4.48 looks rather positive! Short term wise, I think likely to move up to retest $4.80 then $5.00! Not a call to buy or sell. Pls dyodd.

Monday, February 22, 2021

MIT

 Chart wise, it has turned into bearish mode!

Likely to see further selling down pressure!




Short term wise, I think it may go further down to retest 2.70/2.68 if 2.75 support is not able to hold up!

Next support after 2.68 would be $2.60.


Not a call to buy or sell.

Pls dyodd.




Friday, February 19, 2021

CICT

TA wise, bearish mode!

Likely to see further selling down pressure!




Short term wise, I think likely to move down to retest 2.00 then 1.98 with further extension to 1.90.


Not a call to buy or sell.

Pls dyodd.


 

STI

 Chart wise, it has turned into bearish mode likely to see further weakness!




The immediate support is at 2875. Breaking down of this support level plus high volume that may likely drive the index lower towards 2850 then 2800.


Not a call to buy or sell.

Pls dyodd.


Monday, February 8, 2021

Capland China T

Chart wise, she is turning into bearish mode! Short term wise, I think she may go down to retest 1.30!

Breaking down of 1.30 plus high volume that may likely drive the price lower towards 1.25 then 1.20. Not a call to buy or sell. Pls dyodd.

Sunday, February 7, 2021

Sarine Tech

 Chart wise, uptrend still intact!

I think likely to move up to retest 67.5 cents then 70 cents!




Short term wise, I think breaking out of 70 cents plus high volume that may likely drive the price higher towards 75 cents then 80 cents &-above.

Not a call to buy or sell.

Pls dyodd.


Saturday, February 6, 2021

Ifast

 Wah, result is out last Friday! 

On a per share basis, earnings grew to 2.51 Singapore cents in Q4 2020, from 1.12 cents in the year-ago period. A proposed final dividend of one Singapore cent per ordinary share was declared, an increase from the 0.9 cent a year earlier.




Chart wise, it has run up from $3.00 to close at $6.50 more than 100% gain in price seem like overly extended!

Not a call to buy or sell.



Pls dyodd.



Civmec

 Chart wise, looks like she is on a steroid! 

Ramped up from 46 cents to touch the high of 62 cents before setting down at 59 cents coupled with high volume looks rather positive!




Short term wise, I think it may likely continue to move up to retest 62 cents .

A nice breaking out plus good volume that may likely drive the price higher towards 65 cents then 70 cents.


Not a call to buy or sell.

Pls dyodd.


Monday, February 1, 2021

OcbcBank

 It has retreated after touching the high of 10.74 ! It is consolidating now and waiting for market to tell us the next direction. 




If it is able to rise up and reclaimed 10.74 plus crossing over this price level smoothly then it may well continue to go higher . 

I think is ok to stay sideline and wait for market clarity!

Not a call to buy or sell.

Pls dyodd.