Sunday, February 23, 2020

Technical Analysis Feb 2020: SINGTEL (Z74)


SINGAPORE TELECOMMUNICATIONS LTD 

Observation from Chart:

SINGTEL (Z74) retest strong support level, $3.10 level.

Will it technical rebound ?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K oversold stage, pending trigger BUY call.

Immediate support @ $3.10 level.
Subsequent support @ $3.05 level.

Immediate resistance @ $3.23 level
Subsequent resistance @ $3.37 level.

Let's watch closely.

Technical Analysis Feb 2020: HARTA (5168)


HARTALEGA HOLDINGS BERHAD 

Observation from Chart:

HARTA (5168) forming triangle pattern.

Will it rebound at triangle support level?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.

Immediate support @ RM5.88 level.
Subsequent support @ RM5.67 level.

Immediate resistance @ RM6.21 level
Subsequent resistance @ RM6.28 level.

Let's watch closely.

Sunday, February 16, 2020

Technical Analysis Feb 2020: OMESTI (9008)


OMESTI BERHAD

Observation from Chart:

OMESTI (9008) succeed breakout bolinger band squeeze.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K at overbought stage, pending SELL call itinerary.

Immediate resistance @ RM0.60 level.
If able breakout, higher high is confirm. Uptrend can continue.

Immediate support @ RM0.57 level.
Subsequent support @ RM0.525 level.

Let's watch closely.

Tuesday, February 4, 2020

Technical Analysis Feb 2020: FIRST REIT (AW9U)


First Real Estate Investment Trust 

Observation from Chart:

FIRST REIT (AW9U) forming descending triangle pattern

Will it breakout strong resistance & go higher?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K at BUY call itinerary.

Immediate resistance @ SGD1.02 level.
Subsequent resistance @ SGD1.04 level.

Immediate support @ SGD0.995 level.
Subsequent support @ SGD0.945 level.

Let's watch closely.

Technical Analysis Feb 2020: AIRASIA (5099)


AIRASIA BERHAD

Observation from Chart:

AIRASIA (5099) break RM1.65 strong support & follow by 2x gap down.

Will it technical rebound at RM1.22 support level?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K at oversold stage, pending trigger BUY.

Immediate resistance @ RM1.35 level.
Subsequent resistance @ RM1.40 level.

Immediate support @ RM1.22 level.
Subsequent support @ RM1.00 level.

MACC outcome to determine final wave
Source: The Edge Markets

Let's watch closely.

Sunday, February 2, 2020

Technical Analysis Feb 2020: GENS (G13)


Genting Singapore Ltd 

Observation from Chart:

GENS (G13) gap down from SGD0.91 to SGD0.885

Will it rebound from strong support level, SGD0.86 ?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K at oversold stage, pending trigger BUY call.

Immediate resistance @ SGD0.885 level.
Subsequent resistance @ SGD0.91 level.

Immediate support @ SGD0.86 level.
If break the support, lower low is confirm. Downtrend may resume.

GENS may hit by Coronavirus?
Source: Singapore-casinos-brace-for-Wuhan-coronavirus-fallout
Will this be an opportunity for value investor?

Let's watch closely.