Friday, December 29, 2017

GuocoLand

GuocoLand - After touching the low of $2.07 on 4th Dec 2017, it has since recovered and stage a nice recovery towards $2.25 on 11th Dec 2017. This is quite bullish.



The current price is hovering above the SMA lines +MACD is nice rising up in orderly manner.

Short term wise, I think it may likely retest $2.25 . Crossing over with ease that may likely see it rises higher towards $2.30 then $2.40.
Not a call to buy or sell.
dyodd.

( trade base on your own decision)

Friday, December 22, 2017

STI

STI - after hitting the high of 3469.3 on 14th Dec 2017, it has since corrected and retrace lower to touch 3380 on 21st Dec 2017. This is rather bearish!



The current price is hovering below the 20 & 50 MA which may provide further indication that  the share price may continue to go lower.

Short term wise, i think likely to retest 3330 the 3275 with extension to 3200.

Not a call to sell or buy.
dyodd.

( trade base on your own decision)

YZJ

YJZ - After touching the high of $1.74 on 17th Nov, it has since retreated and continue to trend lower to touch $1.50 on 7th Dec , this is rather bearish.

The price is trading below it SMA lines which may likely see further selling down pressure.



Short term wise, it may likely move down to test $1.37 . Breaking down of $1.37 it may continue to slide down to test 1.30 then $1.27 and below.

Not a call to Sell or Buy.
dyodd.
( trade base on your own decision)

Olam Intl

Olam Intl - It has been on a drastic selling down after hitting the high of $2.47 on 23rd Oct.


It is still looking rather bearish. Current price is trading below its SMA lines .No sign of reversal yet!

Looks like it may continue to trend lower to revisit $2.00. Breaking down of $2.00 with high volume that may continue to see further selling down pressure towards $1.93 with extension to $1.88.

Not a call to sell or buy.
dyodd
( trade base on your own decision)

Saturday, December 9, 2017

Rowsley

Rowsley - 8th Dec 2017

Rowsley after hitting the high of 14.4 cents on 11th Oct 2017, it has since correctly sharply and went down to touch 11.1 cents on 8th Dec 2017. The selling down seems quite drastic as reflected on the chart. Will it continue to go lower! Yes , it may.



Currently, it has shown a doji on the chart which may be an un-decisive direction.
Will it be able to bounce-off from 11 cents and move up the channel..

A rebound from the current price level may have to see if it is able to hold above 11.7 cents that may provide us some indication about the direction for this counter.

If not, breaking down of 11 cents, it may likely continue to move down to touch 10 cents ..

Not a call to buy or sell.
dyodd
( trade base on your own decision)

Saturday, December 2, 2017

Delong

Delong - 3rd Dec 2017

From TA point of view, it is rather weak and bearish as reflected on the chart .
It is reversing and turning down as the current price is staying below the SMA lines + Macd is still heading downwards.
A breaking down of 2.51/2.50 may face further selling down pressure.


In my view, this is a downtrend stock counter and may likely a candidate for short selling.
I think if 2.50 cannot hold, it may likely move down to test 2.00 then 1.80 with extension to 1.60.
Not a call to sell or buy.
This is purely based on TA.
FA is looking quite in-consistence. No dividend has been paying out for past five years. EPS is quite uncertain.

dyodd
( trade base on your own decision)