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Tuesday, August 31, 2021

STI

 Wah lau, our first class index is heading the opposite direction unlike most of the Asia mkt close higher!

Looks like it has sank into bear territory!



XD 4TH August. Pay date 9 Sept.

Short term wise, I think likely to go down to revisit 3023! Breaking down of this level plus high volume that may likely drive the index lower to 2900. 


Not a call to buy or sell.

Pls dyodd.

Saturday, August 28, 2021

CRRC

 Chart wise, looks bullish!

Likely to continue to trend higher!



XD 4TH August. Pay date 9 Sept.

Short term wise, I think likely to retest 3.66 level. A nice breakout smoothly plus good volume that may likely drive the price higher towards 3.77 then 3.90 with extension to 4.14.


Not a call to buy or sell.

Pls dyodd.


SGX

 Chart wise, bearish mode!

It has been sold off after the Death crossed happening at about 11.30 level. The selling off continue and breached the 200 days moving average. Immediate support is at 10.00.



XD 4TH August. Pay date 9 Sept.

Failure to support at this level may see price sliding down further towards 9.00.

Not a call to buy or sell.

Pls dyodd.


Ocbc bank

 Chart wise, bearish mode!

Looks like she may continue to trend lower!


XD 4TH August. Pay date 9 Sept.


Short term wise, a breaking down of The recent low of 11.50 May likely see further weakness! 


Not a call to buy or sell.

Pls dyodd.


Thursday, August 26, 2021

MCT

TA wise, bearish mode!

Likely to continue to trend lower!




Short term wise, I think likely to go down to retest 2.00. 

Breaking down of this level plus high volume that may likely drive the price lower towards 1.94.


Not a call to buy or sell.

Pls dyodd.


Monday, August 23, 2021

Baba

 Chart wise, bearish mode! 

The price has been hitting new low each day, looks rather oversold!




Short term wise, I think likely to see a technical rebound!

If the rebound is strong it may likely reclaim 161 level. A nice follow through plus good volume that may likely drive the price higher towards 190 level. 


Not a call to buy or sell.

Pls dyodd.