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Friday, November 6, 2020

UOB

 Last Friday closing doesn't look so rosy! Seems like showing sign of a reversal! 




Short term wise, I think if she can overcome the 200 days MA at about $20.75 plus a nice breakout and rises higher that would be rather positive and may see further upwards movement!

Failure to do so, we may she her succumbing to selling down pressure!



Not a call to buy or sell.

Pls dyodd.


Ascendas Reit

 Chart wise, she is just doing the usual counter trend reaction. I think is Good to monitor and see if she is able to hold up well!




If not, breaking down of 2.86 again plus high volume that may likely drive the price lower towards 2.80 then 2.60 with extension to 2.40.



Not a call to buy or sell.

Pls dyodd.


Comfort Delgro

 Chart wise, it is doing a counter trend chart patterns, looks rather lpositive!




Short term wise, I think likely to move up to test 1.50. Breaking out smoothly plus good volume that may likely drive the price higher towards 1.55 then 1.60 with extension to 1.70.



Not a call to buy or sell.

Pls dyodd.


Thursday, November 5, 2020

UOB

 Today had a spectacular gap up candlestick same for the other two bank counter, looks rather positive!




Short term wise, I think she may rise higher to retest 20.95.

Breaking out of 20.95 smoothly plus high volume that may likely drive the price higher towards 21.50 .

Do take note that the price is still trading below its 200 days MA .


Not a call to buy or sell.

Pls dyodd.


Wednesday, November 4, 2020

Ocbc

 Chart wise, looks like she may go up to retest $8.85 again!




Breaking out smoothly plus good volume that may likely drive the price higher towards 9.02.


3rd quarter result is out ! Seems not bad!


Not a call to buy or sell.

Pls dyodd.


Tuesday, November 3, 2020

UOB

 3rd quarter result is out ! Higher provision for bad debts , net profit is down 40% to 668m.




Chart wise,looks like a nice bounced off from 19.00 and rises higher even though result is not so rosy, looks positive!

If the momentum continue then it may rises higher to retest 20.00 again!


Not a call to buy or sell.

Pls dyodd.