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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

Sunday, December 20, 2020

STI

 Chart wise, it is now doing a consolidation mode after a nice running up!




Will it continues to move up to retest 2920 or begin to turn weaker and moving down to rest 2794 again!


With US manage to strike the agreement for the relief package Will this bring cheers to local market!



Let's monitor and see how it fares for the next few days before making the next course of action!

Pls dyodd.