Sheng Siong - 09 May 2024

What does this stock chart says?

Price looks like going sideway.  Current looks fine if you wish to invest for dividends.

Frasers Log and Com - 08 May 2024

What does this stock chart says?

Down channel with current resistance at 1.05

iFast - 07 May 2024

What does this stock chart says?

Follow the slowly but surely down channel.  Sell on the upper resistance, buy on the lower support.

STI - 03 May 24

What does this stock chart says?

Interestingly, STI is in a mini up channel with a resistance near 3400.  Seem like the FED rate cut news is in play again.  Need to watch out on any change in market mood.

S&P 500 - 04 May 25

What does this stock chart says?

It is a first good sign that the index move out of the mini down channel.  Have to wait next week for a clearer direction.

Frasers Centrepoint - 03 May 24

What does this stock chart says?

Down channel.  When price move out of upper resistance and back, it signal weakness.  Waiting for the lower support price at 2.05 is a better choice.

OCBC - 02 May 2024

What does this stock chart says?

Uptrend channel.  Historical high.

Banks rally due to DBS exceptional result.  However, many sellers are selling at the top as we can a long-tailed candle..  The rally might not continue tomorrow.

Mapletree PanAsia - 30 Apr 2024

What does this stock chart says?

Price form a new resistance at a higher down channel. No trend change in sight.

UOB - 29 Arp 24

What does this stock chart says?

Mini Uptrend Channel

Using the weekly chart to see the previous resistance.  Last week long-tailed show that there are many seller.  If this week cannot break previous resistance, there is a high chance that price will move back to the lower support channel.

 

STI - 26 Apr 24

What does this stock chart says?

Uptrend still holding after breaking resistance on 23 April 24, seem like still bullish.