Saturday, December 30, 2017

Chart[73] - ComfortDelgro

The counter slowly rebounded from its three years low ~ 1.9 last week. Downtrend could have paused here. Shall it continue to range bounce, 2.1 could be its immediate resistance. Current price might be good entry. Shall 1.9 be broken with strong volume, downtrend would resume.

Friday, December 22, 2017

Chart[72] - Japfa

The counter saw price rebounding with significant volume on last trading day. On daily chart below, it has broken resistance 0.49, and next resistance is around 0.525. Looking into weekly chart, it is potentially taking u-turn from recent downfall. Strong resistance is 0.6. Volume on subsequent days will be critical.

Friday, December 8, 2017

Chart[70] - Golden Energy

The counter saw strong buying volume on last trading day. Price rebounded from one month downfall. 0.365 proved to be strong support. Shall buying interest continue, next resistance could be 0.42 followed by 0.475.

Friday, December 1, 2017

Chart[69] - ThaiBev

The counter has been riding on bullish trend since early October. It failed to break up from 0.98 twice. Recent retreat could be last entry chance for a triple top break up. Looking past two months, it has been forming higher low pattern, so could look forward more upside. Shall price break down from 0.94, uptrend could reverse.

Saturday, November 18, 2017

Chart[68] - Wheelock

The counter formed triple top break up on early October. ~ 1.91 formed new support for the trend. Recent downfall was not in high volume, so it could be short term correction. Since price has been hovering around support, entry opportunity could be now.


Friday, November 10, 2017

Chart[67] - M1

The counter has been bouncing between 1.77 to 1.84 for past three months. Market might have absorbed most negative prospective factors for the telco counter. Looking into bullish break up from its peer, Starhub, similar break up might happen on M1 as well. Last Thursday saw relatively strong buying volume. Similar spike up happened before as well. Shall price break up from 1.84 with decisive volume, it could head towards 1.9. There is a trading gap from 1.96 to 2.04, which might be your most ambitious target.

Friday, November 3, 2017

Chart[66] - Sheng Siong

The counter saw rising buying interest upon latest earning results release. On last trading day, price paused at resistance 0.96. Shall it be broken, next resistance range could be 0.99 to 1.005.

Friday, October 20, 2017

Chart[65] - Golden Energy

The counter saw strong buying volume since mid August. Price up >25% to 0.485. It failed to break up further twice on early September. Its trend is weakening afterwards. Last trading day saw price having small rebound from support 0.425. Looking backwards, price didn't come down with significant selling volume. It suggests that buyer could be waiting for next bargain hunting window. Shall current support hold, price could range bounce between 0.425 to 0.48.
Second chart (weekly base) shows current weak movement might be small correction from its first up moving on mid August. Entry position might present to trader.

Friday, October 13, 2017

Chart[64] - Singpost

The counter saw increasing buying volume last week. Price broke up from resistance 1.28 on last trading day. Shall buying interest continue, it could test next resistance ~ 1.32. Long term resistance ~ 1.375. Shall price fall below 1.27, range bouncing could persist like past two months. 1.235 serves as support 4 years support. Company has been buying back shares consistently.

Friday, October 6, 2017

Chart[63] - Talkmed

The counter saw some significant buying interest over last trading week. Immediate support is 0.58. Shall buying volume continue, next stronger resistance is ~ 0.69.

Buying volume seems to increase only after the release of following report:
https://www.theedgesingapore.com/monetisation-talkmed%E2%80%99s-stem-cell-treatment-cancer-will-have-wait

Saturday, September 30, 2017

Chart[62] - SIA Eng

The counter saw strong buying volume on last trading day. It broke up from 3.45. Next stronger resistance could be ~ 3.6 shall buying interest continues. Shall it fall back 3.37, the uptrend could be failed in formation.

Friday, September 15, 2017

Chart[61] - Singapore O&G

The counter saw some significant buying volume on end Aug and mid Sep as highlighted in upper chart below. Price moving in a small upward channel. 0.5 is immediate resistance, shall buying interest continue.
Looking into its weekly chart (lower), price is capped between between 0.44 and 048. Shall price break down from 0.44, downward trend could continue.

Friday, September 1, 2017

Chart[60] - CSE Global

The counter has been down falling since early Aug. Last two days saw price rebounding with good buying volume. The down fall might have found support ~ 0.36. Shall buying interest continue, it shall hit 0.39 before moving further. Downtrend might continue if support 0.36 fails to hold.

Sunday, August 27, 2017

Chart[59] - Hanwell

The counter saw strong buying interest on mid May and early June. Looking into weekly chart, it failed to break up 0.38 twice but price has been forming higher low formation.A triple top breakup from 0.38 is possible shall buying interest come in third wave. Trader could take position from recent price falling.

Friday, August 18, 2017

Chart[58] - ComfortDelgro

On last trading day, the counter saw strong buying volume to negate recent downfall. Shall buying interest continue, next resistance shall be 2.26, followed by 2.35 as major ceiling. Alternatively, price trend could be bouncing between 2.13 to 2.26 as well. It should find certain support ~ 2.13. Similar pattern can be referred to early July as below chart.

Friday, August 4, 2017

Chart[57] - Japfa

Following negative results from latest earning release, the counter gap down from 0.66 to 0.59 as refer to first chart. The sell down paused at 0.52 shortly. Similar support price was seen on last May. Shall price rebound, 0.59 would serve as immediate resistance. The price gap could be potential profit target shall strong buying interest kick in. Potential price catalyst could be policy change from China to import more swine from Vietnam. Shall 0.52 be broken, next strong support could be 0.455 as refer to second chart.
http://www.thepigsite.com/swinenews/43879/rise-in-pork-prices-owing-to-new-stimulus-programme/


Friday, July 28, 2017

Chart[56] - ISOTeam

The counter broke up from down sliding channel as shown on upper chart below.
Zooming into shorter time frame, some significant buying volume entered the counter on last trading day. Shall buying interest continue and break up from immediate resistance 0.37, next resistance could be 0.4.

Friday, July 21, 2017

Chart[55] - Cogent

The counter saw strong buying volume on last trading day. Looking backwards, the price has been consolidating between 0.735 to 0.86. No significant selling volume in the period.
Zooming into the last three month activity as snapshot below. Price might face resistance ~ 0.8 to 0.81 when moving ahead. Shall buying interest continue, trader could target 0.86 as exit price.

Friday, July 14, 2017

Chart[54] - CNMC Goldmine

The counter has been range bouncing between 0.255 to 0.305 for last two months. Price tended few times to break up higher with high volume as circled below. Shall buying interest come again, it shall test 0.305 and above. Immediate support 0.265.

Friday, July 7, 2017

Chart[53] - ComfortDelgro

The counter has been down falling since early May. Two years support 2.37 was broken on end June. Price finally found some support ~ 2.22. On last trading day, the counter rebounded with quite significant buying volume. It might suggest a pause from recent free falling. 2.37 has become new resistance shall rebound continue.

Friday, June 30, 2017

Chart[52] - Hanwell

The counter has been discussed on Chart[48]. First wave has been completed with high buying volume. Price slowly retreated with small volume. Immediate support is ~ 0.3, while strong resistance 0.4. Looking backward for the strong surge in buying volume, trader could position for potential buying interest in next.

Friday, June 23, 2017

Chart[51] - HPH USD

The counter saw strong buying volume on early June. Price ran from 0.41 to 0.45. Failing to break through further, it has been retreating to origin 0.41. Considering range bouncing characteristics of Trust counters as well as recent bullishness among REITs, the counter could have formed new channel of movement between 0.41 to 0.45, which translates to 10% range. Trader could trade in the range while waiting next surge in buying volume.

Friday, June 16, 2017

Chart[50] - Singpost

The counter paused from recent downfall. It has slowly climbed up to 1.285. Last trading day saw significant buying volume on last 5 min. Shall buying interest continue, it shall break immediate resistance 1.29. Next one shall be 1.34. There is a gap between 1.34 and 1.39. The trading gap shall be filled up, just in matter of time.

Saturday, June 10, 2017

Chart[49] - Talkmed

The counter has been falling in price since it paid out dividend and also 1 to 1 bonus. The downward trend might have changed since buyer interest rose last week. Significant volume pushed it through 0.78 which formed immediate support. Shall buying interest continue, it would test next resistance 0.84. Current trend suggests consolidation in progress.

Sunday, June 4, 2017

Chart[48] - Hanwell

The counter rebounded from support 0.275 with strong volume on last trading day. Shall buying interest continue, its could head to to resistance ~ 0.33, follow by 0.36.

Friday, May 19, 2017

Chart[47] - Golden Engergy

The counter showed strong earning result last Monday. However, stock price moving downwards on following days. Last two trading days, price slowly moved up with rising volume as shown in first chart. Its director has been raising stakes on the company from open market at the same time as well.
Looking at second chart, price capped at soft resistance ~ 0.445. Shall buying interest continue, trader could aim for next resistance ~ 0.48. Support lever is ~ 0.4.

Sunday, May 14, 2017

Chart[46] - Declout

The counter released its latest financial results on last trading day. Both revenue and gross profit up 11% and 24% year on year. It registered net loss for the quarter because of administrative expenses incurred for recent joint venture. As show in first chart, it encountered strong buying volume on mid April. Company was buying back shares on that period as well.
As shown in second chart, price retreated to support with thin volume. Coming Monday will see market response to the result. Shall buying volume rises, price move ahead to first resistance ~ 0.18.

Sunday, May 7, 2017

Chart[45] - iFast

The counter experienced surging buying volume upon release of latest quarter results on 28th April. Its outstanding operating profit (jump > 80% year on year) triggered a strong U turn from recent downfall of stock price. Last trading day saw its price retreat to 10 days moving average with slim volume. An entry point is presented for potential uptrend in forming. Immediate resistance is ~ 0.8

Monday, May 1, 2017

Chart[44] - G Invacom

The counter saw strong buying interest on last week. Price broke resistance ~ 0.163. On last trading day, price retreated with little volume. Looking into weekly chart, next resistance shall be 0.179. The uptrend could fail shall price falls back to 0.163 and below.

Friday, March 31, 2017

Chart[43] - Singpost

The counter showed sign of reversing from recent downfall. Last trading saw it breaking resistant ~ 1.35. Buying volume was not significant although higher than previous day. Downfall could have pause with support ~ 1.315. Shall buying strength persists, price could head towards next resistance ~ 1.41. There is a trading gap between 1.41 to 1.46 which is looking forward to be filled.

Friday, March 24, 2017

Chart[42] - Spackman

The counter rebounded from support 0.154 with significant volume. Immediate resistance is ~ 0.169. Shall buying interest continue, it shall head towards next resistance 0.191.

Saturday, March 18, 2017

Chart[41] - Starhill Global REIT

The first chart (daily) shows strong buying volume for the counter on last trading day. Price rebounded from support ~ 0.73. Zooming into second chart (10min), volume surged to 11m only on last ten minute. Shall buying interest continue, price could bounce to the ceiling ~ 0.775. The counter has been range bouncing for past four months.

Saturday, February 25, 2017

Chart[40] - Golden Energy

Buying interest gathered in the counter since last year end. Last week saw price broken resistance 0.545 with significant volume. Shall buying volume persist, price could test next resistance 0.65. Trend could change shall price fall below 0.545 again.

Friday, February 17, 2017

Chart[39] - Acromec

The counter saw strong buying volume since last December as shown in first chart. Price has been consolidating between 0.46 to 0.6. Price zone is getting narrower over the time. Shall it break up from 0.595 with strong volume, it could test 0.65 then 0.72 as shown in second chart.


Saturday, February 11, 2017

Chart[38] - ST Engineering

From the upper chart, the counter swung up three twice since last year December. On both ocassions, price retreated from 3.41. Last trading day saw price closed again at 3.41. Considering the lower low formation and also decent buying volume. The counter could welcome triple top break up soon.
Second chart suggested ~ 3.5 could be strong resistance shall break up happens. Considering recent bullishness among other STI constituents, laggard like the counter could give some surprise move. It will release latest results on coming Thursday.

Sunday, January 29, 2017

Chart[37] - Cityneon

The counter broke up from resistance ~ 0.95 last week with significant transaction volume. Price retreated to new support 0.95 on last trading day. Shall buying interest continue, price could head towards 1.08. From the weekly chart below, strong support is 0.85, while strong resistance is 1.21.

Saturday, January 21, 2017

Chart[36] - Cogent

The counter saw strong buying interest since of last year. Management indicated that they received indication of interest to the company and business from time to time. Price broke up resistance ~ 0.67 early this year. Upwards momentum worth for monitoring.


Friday, January 6, 2017

Chart[35] - Yanlord

The counter is forming a double bottom formation at 1.3. Last trading day saw it gathering momentum to break up soft resistance 1.345. Volume looks decent. Shall buying volume continue on following days, it could be heading towards 1.44