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.