With Dividends double to the next STI peer this is an outstanding stock to hold Medium (3 Quarters) to Long Term (3 Years)
From early this year to mid March, we can see the formation of a descending wedge. The ticker has been consolidating within the wedge ever since. Price finally broke out 2 days ago and we see a retest of the price at the top of the descending wedge. 9EMA and 21EMA are about to cross on the day charts, which is more bullish confirmation. Looking to enter this...
Prices are approaching our first support in line with our ascending trend line where we could see a bounce above this level.
Commodities have been going up but olam has remained stagnant. A converging triangle and slow increase in trading volumes overtime suggests that this breakout might persist follow the trend channel.
Based on 1.392 support Fibonacci retracements. Volatilty is quite low
ENTRY: 3.17 TP: 3.45-3.50 SL: 3.08 - ADX<25. Would be better if higher. - RS and FFI +ve - Daily MACD +ve - Broke out of HVN on 25 Feb 2021
Justification: Pending consolidation breakout.
Prices are facing bullish pressure where we could see a further upside above this level.
Prices are approaching support in line with our ascending trend line where we could see a bounce above this level.
Study...based upon Volume Price Spread Analysis and Momentum UOL has shown Breakout. Close: 7.82 EP: 7.66 - 7.97 SL: 7.20 TP: 8.43 /8.79 Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
Singapore Airlines broke the long term downtrend that started in Aug 2015 with a close at $5.70 surpassing our target at $5.46. PIVOT 5.27 Long positions above 5.27 target 5.75 and 7.05 Short positions below 5.27 target 4.91 and 4.63 Long Term UPTREND since 190321 Medium Term UPTREND since 161120 Short term UPTREND since 051120
99.99% CHANCES IN NIFTY LEVEL 7,995 MCB WE WILL NEVER SEE IN OUR LIFE.
Sign of Strength in the chart: 1. Change of trend with Bag Holding and Stopping Volume 2. Accumulation with Pullback 3. NS as support 4. Green Pentagon with Line Change Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment...
Prices could push lower before it reaches our buy entry, in line with our graphical support area, 78.6% fibonacci extension and 78.6%, 127.2% Fibonacci retracement where we could see a bounce above this level.
View On TheiBev (17 Mar 2021) We are seeing weakness in the counter. As far as I know Thai Bev have exposure in Myanmar Market. 0.72 is strong support and 0.69 will be the next support. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on...
Prices are facing bearish pressure from our resistance where we could see a p pullback to test our support level at 0.860. Overall trend is still bullish for me as long as prices holds above the ascending trend line though I do caution the limited upside as prices are near our graphical swing high resistance on the daily time frame.
Prices are approaching support where we could see a bounce above this level. Ichimoku cloud and stochastic are showing signs of bullish pressure as well, in line with our bullish bias.