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Monday, May 31, 2021

MIT

 

Wah, she refuse to come down after XD/XR. Tomorrow 1st day of placement share started trading, let's see how she fares!



Pls dyodd.


 New placement share at 2.696 per unit.

The Preferential Offering Issue Price of S$2.640 per New Unit.

XD , XR on 28/5.

Advance dividend of 2.11 cents.

Don't miss out the PO date to apply from 3 June to 11 June. 


 Chart wise, looks like doing a temporary rebound seem positive and may likely see move up to test 2.80 & then 2.85.




Not a call to buy or sell.

Pls dyodd.


Saturday, May 29, 2021

Sheng Siong

 So fast, freezer off after one day spike up from 1.49 to 1.68.

Looks like it may trend lower!




Waiting for price to retreat to 1.50-1.55 before deciding to consider again!

Not a call to buy or sell.

Pls dyodd.


Friday, May 28, 2021

Apac Realty

 Chart wise, bullish mode!

Likely to see further upwards movement!


Short term wise, the price is looking rather overly extended and may likely need to take a pause before resuming this uptrend mode! Do take note that Price Patterns usually will rise then pause a bit and then resume to rise up again. 




Immediate resistance is at about 68.5 cents. A nice breakout of 68.5 cents coupled with good volume that may push the price higher to cover the Gap at 77.5 cents. 

I have take the opportunity to lock in partial profit for those batch bought at 51 cents.

Keeping remaining units to continue to ride this uptrend mode!

Not a call to buy or sell.

Pls dyodd.


CICT

Chart wise, she has managed to bounced off from the lower Trend Line of $1.97 and rises higher to close at $2.05 looks rather interesting!

Likely to continue to rise higher!




Short term wise, If the market sentiment improve and the current virus situation is being contained and no further restriction then it may likely lend some support in stabilizing the current price level.

Likely to move up to retest 2.08-2.11. A nice breakout coupled with good volume that may drive the price higher towards 2.18-2.19 with further extension to $2.30.


Not a call to buy or sell.

Pls dyodd.


Tuesday, May 25, 2021

SingTel

 Result is out on 27 May 2021 cum dividend announcement for 1st half yearly result looks interesting!




Chart wise, looks like doing a reversal patterns need a nice breakout of recent high of 2.47 level in order to rise further!

Short term wise, a nice breakout of 2.47 plus good volume that may likely drive the price higher towards 2.55  then 2.63.


Not a call to buy or sell.

Pls dyodd.


Sunday, May 23, 2021

Tencent

 TA wise, Bearish mode!

Likely to continue to head further South!




Short term wise, I think likely to go down to retest the recent I of 566.00.

Breaking down if this level plus high volume that would be rather negative and may see the price sliding down to 518 then 498.

Not a call to buy or sell.

Pls dyodd.