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Saturday, March 25, 2023

Dbs,Uob,Ocbc

 Chart wise, all 3 banks showing similar price patterns and looks pretty weak rebound!





Will it continues to rise from current level or fall down aging to make new low!

I think market is lack if good news to drive the mkt further! Perhaps it might be good to wait for clearer direction!

Pls dyodd. 


Thursday, March 23, 2023

Micro-Mechanics

Chart wise, bearish mode! Likely to continue to trend lower!
short term wise, I think likely to go down to test 1.78-1.80. Breaking down at 1.78 may likely see her testing 1.60 level. pls dyodd.

Tuesday, March 21, 2023

Uob

 Indeed, she has gone down to test 27.70 and now bouncing up to 29.07 looks rather interesting!



I think it may rise further up to test 30.16 .

Pls dyodd.


 Chart wise, bearish mode! 

She may likely go down to test 29.20.



Breaking down of this level plus high volume that may likely push her down to 29.00 then 28.00 and 27.70.

Pls dyodd.


 TA wise, consolidation mode! Will it breakdown and go down to revist 29.20 again! 



Pls dyodd.


Results will be out on 23 Feb. 

I think is good to wait till the results is out! 



Sats

 Chart wise, still stuck at the consolidation range! She needs to rise above 2.64 in order to reverse the current trend!



Pls dyodd.


 Chart wise,  looks bullish!

Likely to rise up further towards 2.80 then 3.00.



Last day to subscribe the rights on 21 Mar 23. 

Pls dyodd.

Monday, March 20, 2023

Dbs

 Chart wise, bearish mode!

Likely to go down to retest 31.70.



Breaking down of 31.70 plus high volume she may likely go down to test 30.90 then 30.00.

Pls dyodd.



 Chart wise,  bearish mode!

Likely to continue to


see further weakness!


Short term wise,  she may likely going Down to test 32.10. 

Breaking down of 32.10 plus high volume she may slide further Down towards 31 then 30 with extension to 29.50.

Pls dyodd. 


 After reported the results 3 days ago it has continued to sold down for the past 3 days, looks rather bearish!


TA wise, bearish mode!

The chart is telling us she is on a downtrend situation, I think is good to wait for it to stabilize!



Currently, she is gearing towards down side!

Pls dyodd.


It may go down to cover the Gap at 34.00.


Next,may be revisiting 33.00.

pls dyodd. 


 Chart wise, seems like selling on gd results! An engulfing candlestick price pattern appeared on the chart which may be signalling more selling pressure/reversal downtrend direction! 



Pls dyodd.

Olam

 

What is happening! She keeps going lower! 3 black cross likely to see a rebound soon!



1.42 is hovering near the major support at 1.39-1.40. Yield is about 6% at 1.42 looks pretty good! 

Pls dyodd.

 It Seem like price has come back to the support level ,looks rather interesting!



AGM on 29th March,  may be listing of ipo soon! 

Pls dyodd.


 Indeed she has risen up to touch 1.71 but retrace back to close at 1.65. 



Let's see if 1.62 can hold ! If not, she may gostun to 1.60 then 1.56.

Pls dyodd.


 Last Friday she has a nice breaking out of 1.63 plus high volume this is rather bullish! Likely to continue to trend higher!


Short term wise,  I think she is rising up to test 1.71 then 1.81 with extension to 1.91. 

Pls dyodd.


 Come Monday- 27th Feb she will be reporting her FY results before trading hours!

Hopefully, results will be good cum dividend of 4.5 cents ! 

IPO listing may drive the price to the next level!

Pls dyodd.

 High probability she may cross over 1.63 and rises higher. 

Pls dyodd.



 Chart wise,  bullish mode!

Likely to continue to trend higher!



Short term wise,  I think she is rising up to test 1.60 then 1.66 with extension to 1.72.

Pls dyodd.