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Friday, January 1, 2021

Mapletree Log trust

 Chart wise, looks bullish!

Likely to continue to trend higher!




Short term wise, I think likely to retest $2.03 level.

A nice breakout coupled with high volume that may likely drive the price higher towards $2.11 with extension to $2.21 level.

January is the reporting seasons for Reits and the power of dividend may attract buying interest.


Not a call to buy or sell.

Pls dyodd.


Thursday, December 31, 2020

Alibaba

 


Indeed it has a nice bounced off from the recent low of $207 but the volume seem rather low. I think is Good to wait for market clarity!




Pls dyodd.


Chart wise, free falling.

The selling down seems rather fierce, looks like it may retest $207.



Need a technical rebound from the current price level. If not, next it may likely go down to test $180 upon breaking down of $197 with extension to $168..




Monday, December 28, 2020

BaBa SW

 Chart wise, free falling.

The selling down seems rather fierce, looks like it may retest $207.




Need a technical rebound from the current price level of not, next it may likely go down to test $180 upon breaking down of $197 with extension to $168..




Sunday, December 27, 2020

YZJ

 Chart wise, looks like it is being trapped in a consolidation mode patterns! I think likely to stay in this manner for a while unless a catalyst happen!




Short term wise, I think likely to go down to retest 90 cents again! It may likely do a bounce off from 90/90.5 cents and rises higher to retest the upper resistance line .

Recently, the company has won a few contacts but price didn't seem to rise in tandem with new order winning.. I think is good to be extra cautious! 



Not a call to buy or sell.

Pls dyodd.


Thursday, December 24, 2020

MLT

 Chart wise, looks like she may rise higher to retest $2.02!




A nice breakout plus good volume that may likely drive the price higher towards 2.11 level with extension to 2.20.


Not a call to buy or sell.

Pls dyodd.


Wednesday, December 23, 2020

Mapletree Ind trust

 Chart wise, looks like she is doing a reversal counter trend, gaining strength and May likely retest $2.90.




Short term wise, I think a nice breakout of $2.90 coupled with high volume that may likely drive the price higher towards $3.00 and above.


Not a call to buy or sell.

Pls dyodd