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Saturday, September 5, 2020

Food Empire

Chart wise, remain bullish!
Uptrend mode still intact,likely to continue to trend higher after this short break!


Look for a nice breakout of 64.5 cents smoothly and sail ahead toward 70 cents!


Not a call to buy or sell.
Pls dyodd.

Huat ah! Looks like she is getting ready for a nice breakout!


A nice breakout of 63 cents plus good volume that may likely drive the price higher towards 70 cents.


Pls dyodd.

Wah, chiong ah! Nice breakout!
Likely to continue to trend higher!


Short term wise, I think it may likely move up to retest 63 cents.
A nice crossing over smoothly plus good volume that may likely drive the price lower towards 70 cents then 76 cents.


Not a call to buy or sell.


Pls dyodd

Friday, September 4, 2020

DJI

Last night it was a volatile session whereby the Dow index went down to 27664 & managed to see some buying interest and pushed the index back to 28133 level.
Although some buying interest has help to prevent the index from closing below 28000 level which is quite a relief but I think is Good to monitor and wait for clearer direction.


Short term wise, I think is Good to watch out the pivot low of 27526 level. Breaking down of this level would be super bearish!


Pls dyodd.


Looks like the falling of the giant !
Bearish engulfing candlestick which signify the start of a reversal trend ! Don't play play!


Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


If it close more than 600 points and next week continue to fall then it could well be the trend reversal has began and she may likely slide down towards 27000 then 26k.


Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


Not a call to buy or sell.
Pls dyodd.


Thursday, September 3, 2020

AEM

Looks like it could be the start of tech counter being sold down for an overdue major correction as the recent running out could be running out of steam!


If it close more than 600 points and next week continue to fall then it could well be the trend reversal has began and she may likely slide down towards 27000 then 26k.


Watch out for the pivot low of $3.92. Broken down of $3.92 plus high volume that may likely drive the price lower to $3.78 then $3.60 & below.


If it close more than 600 points and next week continue to fall then it could well be the trend reversal has began and she may likely slide down towards 27000 then 26k.


Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


Not a call to buy or sell.
Pls dyodd.

Dow Jones Index

Looks like the falling of the giant !
Bearish engulfing candlestick which signify the start of a reversal trend ! Don't play play!


Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


If it close more than 600 points and next week continue to fall then it could well be the trend reversal has began and she may likely slide down towards 27000 then 26k.


Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


Not a call to buy or sell.
Pls dyodd.

Wednesday, September 2, 2020

Ocbc Bank

Lai ah, chiong ah!
The local bank look lackluster all stuck in a consolidation range waiting for next catalyst to happen.

The current price of 8.68 is trAding at price per book of 0.83 looks pretty oversold!


Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..

If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.


Not a call to buy or sell.
Pls dyodd.

Tuesday, September 1, 2020

LendLease

Chart wise, looks bullish!
Likely to continue to trend higher!


Short term wise, I think high probability of revisiting $1.79 then $1.84.


Short term wise, I think she may rise up to retest 70 cents.
Breaking out of 70 cents smoothly plus good volume that may likely drive the price higher towards 76 cents.


Short term wise, I think high probability of revisiting $1.79 then $1.84.


Not a call to buy or sell.
Pls dyodd.