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Tuesday, April 7, 2020

YZJ

Chart wise, looks quite bullish!
It is having a reversal play mode patterns!


The current price of 90.5 cents is hovering above its SMA lines looks rather positive!

Short term wise, I think a nice breakout of 92 cents plus good volume that would likely see further upwards move towards $1.00 with extension to $1.06.


NAV $1.50+.
Dividend of 4.5 cents.
Yield is about 4.9%.


Not a call to buy or sell.
Pls dyodd.

Monday, April 6, 2020

DBS

Looks like it is loosing momentum again!
A topping tail pin bar seems rather bearish!

Likely to see further selling down pressure again!

Pls dyodd.


29th Mar 2020
As expected, it has gap down and likely to see further selling down pressure!


Short term wise, I think it will continue to head south!
Pls dyodd.



Chart wise, it has a nice rebound from $16.65 and rises higher to touch $19.62 on last Friday.

This temporary rebound may be a golden window opportunity for those trader to book their short term profit or for those who want to exit .


I think, market situation is still rather bad and is gearing towards the Bear direction.

Short term wise, look out for this rebound to freezer out and observe the fist pivot low point of $18.76 or $18.53 level.
Breaking down this 2 levels + high volume that may likely see the price sliding down further towards $18.00 then $17.00 with extension to $16.60 level.


Not a call to buy or sell.
Pls dyodd.



Saturday, April 4, 2020

HawPar

TA wise, looks super bearish!
Likely to continue to trend lower!


It has been sold down from $13 to close lower at $9.25 last Friday, looks like the patience for those looking to collect is worthed waiting for!


NAV $14.274
Yearly dividend of 30 cents.
Yield is 3.2%.

Short term wise, looking at the rate of selling down, a temporary rebound may Likely happen. But it may get freezer off again and may likely continue to slide down to retest the major support level at $8.30-$8.50 level.


Not a call to buy or sell.
Pls dyodd.

Friday, April 3, 2020

UOB

Chart wise, looks super bearish!
Likely to continue to trend lower!

NAV 22.347.

Dividend of 75 cents , XD 11 May 2020.
Year dividend of 1.10. 
Yield is about 5.85% , looks attractive..


The current price of $18.80 is trading below its NAV of 22.347 , looks pretty interesting.

Short term wise, I think it might be good to monitor the pivot low of around $17.00 level that may present some bargain buying opportunity.

I think history always tends to repeat itself !
The same scenario may be replaying out again!




Not a call to buy or sell.
Pls dyodd.




Thursday, April 2, 2020

MCT

Chart wise, looks super oversold!
Short term wise, I think we may likely see a rebound happening soon!


It might be good to wait for the price to stabilize first before taking the next course of action!

Looking at the chart, the support is at $1.45.
Next support level would be at $1.37 and then $1.25.


Pls dyodd.

31st Mar 2020
Looks like the recent rebound is short-lived.
It is trading lowered again after touching the high of $1.927 on 27 March, looks rather bearish!


The volume is getting thinner which may be a sign of losing momentum or not enough buying volume.


Short term wise, I think it may go down to retest the recent low of $1.53. The transacted volume for past few days was also getting thinner. A sign of weakness.


The volume is getting thinner which may be a sign of losing momentum or not enough buying volume.


Not a call to buy or sell.
Pls dyodd.

A short rebound is happening at this juncture .
This might be a golden opportunity for those who want to lock in profit or to make an exit strategy!



Short term wise, lets wait for the short rally to be freezer out and give us the actual market direction for this counter.


If it continues to go lower for the next few days then high chance the short rally is just a temporary rebound!

Not a call to buy or sell.
Pls dyodd.



Frasers CPT Tr

Another follow through session today of selling down ,down 11 cents at $1.70 level looks seemingly oversold.


As market is clouded with bearish mode, low can go even lower.


Looking at the chart, looks like of $1.70 level fails to hold then it may slide further down toward $1.60 then $1.47 .


Pls dyodd.


2nd April 2020
Chart wise, looks super bearish! Please mind the gap!


Today the selling down seem abnormal plus super high volume,down 31 cents to $1.79 looks rather negative!

 Short term wise, think we may see a temporary rebound soon especially with this kind of drastic selling down. If $1.75 the recent pivot low cannot hold then it may continue to dive further down towards $1.70 then $1.60.


I think with the current market situation, many stall owner would be asking for lower rental rate plus longer credit term.


I guess things may get ugly before we see any progress in dealing with current market saga.

NAV of $2.21. DPU may get lower.
Trading below its NAV seems interesting.


Not a call to buy or sell. Pls dyodd.