Not much to look at except for the downward channel in red
Price is facing bearish pressure and a test of our sell entry in line with our previous break out level could present an opportunity for a short.
SIA stock might see and uptrend after breaking out of the falling wedge resistance. Might reach recent high if the momentum continues. The RSI also indicates oversold with RSI dipping to 30. Disclaimer: Not and advice to Sell or Buy!!
To follow this stock, result was out, decline in profit due to revaluation loss. Price is at a low, the last time that reached this price was Mar'2020 and 2015.
Price is facing bearish pressure from our descending trend line, a test of our sell entry could see a reversal from here.
SGX:D05 is now in the midst of ranging within the downtrend channel and there is no sign of reversal sighted yet. The overall sentiment is bullish bias and I am expecting the price to fill the Demand Zone at $20.00 or lowest is at $19.45 Thus, overall SGX:D05 is a good buy, but we are waiting for the maximum discount to long this stock. My personal call: Buy...
Had a good earnings report, paid dividends, now back to the uptrend, if breaks 0.137-0.138 should go to 0.16-.0.17 level Stop loss if breaks below 0.126
UOB Q2 Profits and Dividends Cut. Short position taken M: Downtrend A: Resistance E: Bearish outlook and candle stick pattern E: SL 19.70 RR 1.50 Entry Price: 19.45
DBS Q2 Profits and Dividends Cut. Short position taken M: Downtrend A: Resistance E: Bearish outlook and candle stick pattern E: SL 20.20 RR 2.74 Entry Price: 20.8
Technical: Strong close at .32 for 5 Aug 2020. Awaiting breakout. Upward momentum is strong.
Price is approaching support where we could see a bounce above this level. That said, we do caution the limited upside in prices a price is still holding below our descending trend line.
YOMA has been trading in a symmmetrical triangle pattern for 5 weeks now. A symmetrical triangle pattern is generally a "trend continuation" pattern (of the prior trend which was up in this case). Hence I would give it another few days to a week to see if it could break up with renewed momentum. Long @ 0.300-0.305 with initial stop @ 0.29 Disclaimer: This is...
Morning star formation may bring the stock higher to test the resistance zone.
Price is testing a key support area, a break below the downside could open room for a further drop. Alternatively, we could be seeing a push up to test our descending trend line and resistance before a reversal.
Overall: 1.Semicon themed stocks are in play Fundamental: 1.Expected improved company growth and earnings despite COVID-19 2. Management generous in their dividend payout in the past 3. High net margin (30%) Technical: 1. Broke and sitting at resistance of $1. 2. Uptrend for both 50MA and 20MA