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Saturday, November 30, 2019

STI & Bank

STI chart wise, looks rather bearish!
Likely to continue to trend lower!


First sign of danger if it has broken down the recent low of  3189.
Next level to watch will be 3145 with further sliding down towards 3040 and 3000 level.


If you noticed all the 3 banks counters are under performance and is on the verge of falling further down. DBS I think likely to go down to retest 24.00, OCBC 10.45 & UOB 25.00.

Not a call to buy or sell.

Pls dyodd.



Friday, November 29, 2019

Sardine Tech

Despite the market is selling down Sarine Tech managed to show strength of moving up further!




The pull back was rather nice and likely to move up to take out 42 cents smoothly and rises higher towards 45 then 50 cents.

Pls dyodd.

27 Nov 2019
Today we have witnessed the nice breaking out moment at 38.5 cents and close well at 39 cents coupled with quite a nice volume looks rather positive!




Short term wise,I think it will rise to retest 42 cents again!
Breaking out smoothly plus good volume that may drive the price higher towards 45 then 50 cents .


Not a call to buy or sell.
Pls dyodd.


Thursday, November 28, 2019

Acccordia Golf

Accordia Golf is having a spike in price due to the potential sales of all its Golf courses!

The Price Gap up coupled with high volume looks bullish!


Short term wise, I think it may likely rise to retest 70 then 72.5 cents with extension to 77.5 cents.

Nav 76 cents.
half year DPU of 2.61 cents. XD 3 Dec. Pay date - 18 Dec.


Not a call to buy or sell.

Pls dyodd.

Wednesday, November 27, 2019

Ocbc Bank

Chart wise ,it is rather weak and may likely continue to trend lower!


Short term wise,I think breaking down of $10.90 level would be rather bearish and may likely see the price going down towards $10.60 level with extension to 10.45.


Not a call to buy or sell.
Pls dyodd

Mapletree NAC Tr

After touching the low of $1.13 it has managed to bounce off and rises higher to close at $1.17, looks rather positive!


Short term wise,I think it will retest 1.18 again!
Breaking out of $1.18 smoothly plus good volume that may see the price rises higher towards $1.20 then $1.24 with extension to $1.28.


Not a call to buy or sell.
Pls dyodd.

SarineTech

Today we have witnessed the nice breaking out moment at 38.5 cents and close well at 39 cents coupled with quite a nice volume looks rather positive!




Short term wise,I think it will rise to retest 42 cents again!
Breaking out smoothly plus good volume that may drive the price higher towards 45 then 50 cents .


Not a call to buy or sell.
Pls dyodd.