Price is approaching a key support level where we could be seeing a bigger pullback to test our sell entry before a further drop. A break below our downside confirmation level opens room for a bigger drop.
Testing the support multiple times in recent weeks and also forming a descending triangle! Watch for breakdown below 2.80 Disclaimer: Not an advice to Sell or Buy!!
Breaks trend line and stay below Ribbon indicator. Banker's chip reduced. Banker's Moving Average heading down about to cross below Retail Moving Average (Deadly cross)
DBS the upwards push seems to be coming
Parkway Life Reit has been consolidating within a wedge pattern for the past 2 months. It is getting close to the apex of this wedge and RSI is now trending above 50. Am expecting a breakup to happen in a matter of 1-2 weeks. I am accumulating within the narrow end of this wedge (3.35-3.4+) to wait (patiently) for the break. Disclaimer: This is just my own...
Price could see a larger pullback to our buy entry which is a strong support area before we see a bounce.
Price broke a key support level previously and a test of this level could present an opportunity to go short before a further drop. What are your thoughts on this stock?
After about 2 weeks of consolidation, Riverstone formed a bullish divergence last Friday, confirmed upon the stock trading about last candle high @ 3.26 today. More upside to go. The trend is your friend! Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own...
Strength signal in the chart: 1. Green pentagon high volume 2. Re-accumulation 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 before deciding to buy or sell any stock
More Data Centers = More Resistance during COVID including recent entry by institutional investors / funds such as BLACKROCK Base on Fib Retrenchment once we pass the 0.61 Fib more upside on the way.
Currently downward trend close to the resistance line of around 1.85, if it break through downwards, we should see it test the 1.76 region and so forth. Points to consider tenants ability to survive the current pandemic impact If measures impose by Government would help to stimulate sufficient spending. tourism recovery vaccine news. What do you guys think? Do...
Currently on a bearish trend, coming close to the resistance line of around 20.41 If it break out and move upwards, we should see a upside of around 21.70 around 10 Sep 2020. 30 Oct would reach around 23.30 where we will test the next resistance. factors that may impact its performance. Pros GSS How fast the programs implemented by Government / STB to stimulate...
1) Similar pattern to the downtrend channel that happened from mid-June to end-June 2) Buy when support line of about $20.50 is reached, or when prices break out of the downtrend channel. 3) Sell if Major Support line of $20.00 is breached to the downside
Here's my view on $DBS(D05.SI), price is currently testing a key support level in line with our ascending trend line where we could see a bounce from here, but I do caution the limited upside in prices here, keeping in mind the bearish trend line.