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Saturday, January 22, 2022

MIT

 Chart wise, she is still not out of the bearish mode! She will need to rise up further to reclaim 2.70. A nice breakout smoothly at 2.70 plus good volume that may likely drive the price higher towards 2.75 then 2.82 and above!.




Result is out on 25 Jan. Estimating dpu of 3.5-3.7 cents. 

Pls dyodd.


S&P

 Chart wise, bearish mode!

Likely to continue to trend higher!




Last night S&P has broken down the 200 days Moving Average at about 4430 level couple with quite a high volume looks rather negative! 

At the same time it has also broken down tg e weekly 20 days Moving Average which could the start of a long term downtrend indication.

Short term wise, I think likely to go down to revisit 4278 then 4200 level! 

Pls dyodd.


Thursday, January 20, 2022

SingTel

 

Wah, investment into indo bank looks like they are expanding into banking sector after securing local digital banking license, looks rather encouraging!




If this acquisitions can bring in more stable revenue to boost their net income I think dividend may likely increase!

Pls dyodd.


 Chart wise, a nice white soldier appeared on the chart looks rather interesting! Current price is up 10 cents to 2.43 coupled with quite a high volume this is rather positive!





Short term wise, I think likely to rise up to retest 2.48-2.50 again! A nice breakout smoothly may likely drive the price higher towards 2.60.


Pls dyodd.


Apple

 Chart wise, bearish mode!

Likely to see further weakness!




Short term wise, I think likely to go down to test 158. Breaking down of this level plus high volume that may likely drive the price lower towards 148 & below.

Pls dyodd.


1988

 Chart wise, bullish mode!

I think likely to continue to trend higher!




Short term wise, I think likely to rise up to test 3'26 level. A nice breakout smoothly plus good volume that may likely drive the price higher towards 3.30 then 3.41 with extension to 3.78.

Pls dyodd.



Tuesday, January 18, 2022

FCT

 

Wah, she is gaining momentum and likely to see further upwards movement!




I think likely to rise up to reclaim 2.40 then 2.43 with extension to 2.50.

Pls dyodd.


 Chart wise, bearish mode!

She is hovering near the support at 2.25, looks rather interesting!




Dpu 12.069 cents. Yield 5.34%.

NAV 2.31. Gearing I think is below 30%.

I think any further weakness in price seem a good opportunity for me to collect again! Pls dyodd