SingPost - 6th Feb 2016
SingPost after hitting the low of $1.285 on 28th Jan 2016 had been manged to edge up higher to close at $1.38 on 5th feb 2016. The current price is approaching the immediate resistance at $1.40.
Crossing over of $1.40 with good volume that may continue to drive the share price higher towards $1.465.
Both MACd & RSI are showing sign of positive divergence that may provide further indication that the share price may head higher to test $1.40 soon.
Let's keep our finger crossed and see if the price can cross over 1.40 and higher in order to reverse this downtrend.
If not later the price fall back to below $1.285 then it will be very bearish and may continue to trend lower to $1.20..
(trade base on your own decision)
https://spore-share.com or sporeshare.blogspot.com It is very important to equip and educate ourselves with the Trading or investing knowledge. Don’t rely on tips! Ensure we have a proper plan in place whenever we enter a trade. Don’t speculate and trade without knowing what you are trying to achieve. Only trade when the trading opportunity arise. All information provided is just just for sharing. (Trade/Invest base on your own decision!)
Friday, February 5, 2016
SMRT
SMRT - 5th Feb 2016
SMRT had managed to bounce off strongly from the low of $1.32 on 18th Jan 2016 and stage a strong rebound to close higher at $1.585 on 5th Feb 2016.
From TA point of view this is rather bullish. From the chart we can notice that it has a very nicely upward trend. This is generally positive.
Also both MACd & RSI are trending upwards with good volume that may be a tell tale sign that the share price may continue to head higher .
Breaking out of $1.61 with good volume that may propel to drive the share price higher towards $1.70 with extension to $1.75.
(trade base on your own decision)
SMRT had managed to bounce off strongly from the low of $1.32 on 18th Jan 2016 and stage a strong rebound to close higher at $1.585 on 5th Feb 2016.
From TA point of view this is rather bullish. From the chart we can notice that it has a very nicely upward trend. This is generally positive.
Also both MACd & RSI are trending upwards with good volume that may be a tell tale sign that the share price may continue to head higher .
Breaking out of $1.61 with good volume that may propel to drive the share price higher towards $1.70 with extension to $1.75.
(trade base on your own decision)
Golden Agri
Golden Agri - 5th Feb 2016
Golden Agri after hitting the low of 31 cents on 15 Dec 2015 and had managed to stay a rebound to close higher at 38.5 cents on 5th Feb 2016. This is rather positive.
The current price of 38.5 cents is staying above both 14SMA & 25SMA lines that may provide further drive to push the share price higher.
Also both MACd & RSI are pointing upwards which may support the share price of heading higher towards 41.5 cents .
Crossing over of 41.5 cents with ease + good volume that may propel to drive the share price higher towards 45.5 cents.
(trade base on your own decision)
Golden Agri after hitting the low of 31 cents on 15 Dec 2015 and had managed to stay a rebound to close higher at 38.5 cents on 5th Feb 2016. This is rather positive.
The current price of 38.5 cents is staying above both 14SMA & 25SMA lines that may provide further drive to push the share price higher.
Also both MACd & RSI are pointing upwards which may support the share price of heading higher towards 41.5 cents .
Crossing over of 41.5 cents with ease + good volume that may propel to drive the share price higher towards 45.5 cents.
(trade base on your own decision)
Thursday, February 4, 2016
KepCorp
KepCorp - 4th Feb 2016
KepCorp seems to be rather weak as reflected from the chart. The current price pattern is in a consolidation mode within the price range of $4.64 to $5.24. The current price of $4.86 is hovering below both 14SMa & 25SMA lines which is generally quite bearish.
Although both MACD & RSi are showing sign of a positive divergence but is not strong enough to drive the share price higher to cross over $5.24(Resistance level).
It is looking rather weak and may likely to go down to test the previous low of $4.64.
Breaking down of $4.64 may see it prices head lower towards $4.50 with extension to $4.00.
The current price trend is being geared towards down side and short-seller may take this advantage to put pressure to weaken the price further.
(trade base on your own decision)
KepCorp seems to be rather weak as reflected from the chart. The current price pattern is in a consolidation mode within the price range of $4.64 to $5.24. The current price of $4.86 is hovering below both 14SMa & 25SMA lines which is generally quite bearish.
Although both MACD & RSi are showing sign of a positive divergence but is not strong enough to drive the share price higher to cross over $5.24(Resistance level).
It is looking rather weak and may likely to go down to test the previous low of $4.64.
Breaking down of $4.64 may see it prices head lower towards $4.50 with extension to $4.00.
The current price trend is being geared towards down side and short-seller may take this advantage to put pressure to weaken the price further.
(trade base on your own decision)
Venture
Venture - 4th Feb 2016
Venture seems to have bounced off from the low of $7.65 on 28th Jan 2016 and continue to head higher to close at $7.94 on 4th Feb 2016. This is generally quite positive.
The current price of $7.94 is hovering above 14SMA and slightly touch 25SMA lines which is generally quite bullish.
Also both MACD & RSi are showing sign of a positive divergence of which may provide further indication that the share price may continue to head higher towards $8.28 with extension to $8.54.
(trade base on your own decision)
Venture seems to have bounced off from the low of $7.65 on 28th Jan 2016 and continue to head higher to close at $7.94 on 4th Feb 2016. This is generally quite positive.
The current price of $7.94 is hovering above 14SMA and slightly touch 25SMA lines which is generally quite bullish.
Also both MACD & RSi are showing sign of a positive divergence of which may provide further indication that the share price may continue to head higher towards $8.28 with extension to $8.54.
(trade base on your own decision)
Wednesday, February 3, 2016
OCBC
OCBC - 3rd Feb 2016
OCBC looks rather bearish as reflected from the chart with the current price of $7.49 hovering below both 14SMA & 25SMA lines. This is generally very negative. Especially today it has again Gap down and broken the previous low of $7.55 level.
MACD is still pointing downwards with no indication of any reversal yet.
Short term wise it may continue to be under selling pressure and may head lower towards $7.00 with extension to $6.50.
(trade base on your own decision)
OCBC looks rather bearish as reflected from the chart with the current price of $7.49 hovering below both 14SMA & 25SMA lines. This is generally very negative. Especially today it has again Gap down and broken the previous low of $7.55 level.
MACD is still pointing downwards with no indication of any reversal yet.
Short term wise it may continue to be under selling pressure and may head lower towards $7.00 with extension to $6.50.
(trade base on your own decision)
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