Technical Analysis Feb 2021: Sheng Siong (SGX: OV8)

Sheng Siong Group Ltd (SGX: OV8)

Observation from chart:- 

Sheng Siong (SGX: OV8) forming descending triangle pattern. 

Will it rebound at triangle support level? 

Other indicator:- 

MACD trade moving toward negative region, downtrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate resistance @ triangle level 

Subsequent resistance @ $1.71 level. 

Immediate support @ triangle support level. 

Subsequent support @ $1.44 level. 

Let's watch closely Disclaimer

Technical Analysis Feb 2021: Thomson Medical (SGX: A50)

Thomson Medical Group Ltd 

Observation from chart:- 

Thomson Medical (SGX: A50) forming dogi sign. 

Will it retrace down to support level? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K trigger SELL call. 

Immediate resistance @ $0.116 level

If breakout, higher high is confirm & potential another wave uptrend 

Immediate support @ FIBO 78.6% level. 

Subsequent support @ FIBO 61.8% level. 

Let's watch closely Disclaimer

Technical Analysis Feb 2021: TASCO (BURSA: 5140)

TASCO BERHAD 

Observation from Chart:- 

TASCO retrace down from RM5.90 level.

Will it retest FIBO 61.8% level? 

Other indicator:- 

MACD trade at positive region, uptrend stock. 

Stochastic %K on SELL call itinerary. 

Immediate support @ FIBO 61.8% level.

Subsequent support @ FIBO 50% level. 

Immediate resistance @ FIBO 78.6% level

Subsequent resistance @ FIBO 100% level.

Let's watch closely Disclaimer.

Technical Analysis Feb 2021: VICOM (SGX:WJP)

VICOM Limited 

Observation from chart:- 

VICOM (SGX:WJP) forming triangle pattern. 

Will it breakout resistance or support level?

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on BUY call. 

Immediate resistance @ triangle level 

If breakout, higher high is confirm & potential start another wave uptrend 

Subsequent resistance @ $2.30 level. 

Immediate support @ triangle level. 

Subsequent support @ $2.14 level. 

Let's watch closely Disclaimer 

Technical Analysis Feb 2021: ThaiBev (SGX: Y92)

Thai Beverage Public Company Limited 

Observation from chart:- 

ThaiBev (SGX: Y92) retest $0.76 support level. 

Will it rebound? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K pending trigger BUY call.

Immediate resistance @ $0.80 level 

Subsequent resistance @ $0.84 level. 

Immediate support @ $0.76 level. 

Subsequent support @ $0.70 level. 

Let's watch closely Disclaimer

Technical Analysis Feb 2021: VELESTO (BURSA: 5243)

VELESTO ENERGY BERHAD 

Observation from chart: 

VELESTO (BURSA: 5243) forming ascending triangle pattern. 

Will it breakout RM0.18 resistance level? 

Other indicator:- 

MACD moving toward positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ MA20 level. 

Subsequent support @ triangle line level. 

Immediate resistance @ RM0.18 level. 

Subsequent resistance @ RM0.22 level. 

Let's watch closely Disclaimer

Technical Analysis Feb 2021: Q & M Dental (SGX: QC7)

Q & M Dental Group (QC7) 

Observation from Chart: 

Q&M (QC7) is forming triangle pattern.

 

Will it breakout resistance level & go higher? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate support @ $0.555 level which is 50% big bullish candlestick

Subsequent support @ triangle support level. 

Immediate resistance @ triangle resistance level 

Subsequent resistance @ $0.60 level. 

Let's watch closely Disclaimer

Technical Analysis Feb 2021: GENS (SGX: G13)

Genting Singapore Ltd 

Observation from Chart: 

GENS (G13) forming bolinger band squeeze.  

Will it breakout & go higher?

Other indicator:- 

MACD trade at positive region, uptrend sign.

Stochastic %K at SELL call itinerary.

Immediate resistance @ $0.89 level. 

Subsequent resistance @ $0.95 level. 

Immediate support @ $0.82 level. 

Subsequent support @ $0.80 level. 

Let's watch closely Disclaimer.

Technical Analysis Feb 2021: YZJ (SGX: BS6)

Yangzijiang Shipbuilding Holdings Ltd 

Observation from Chart: 

YZJ Shipbldg (BS6) forming ascending triangle pattern.

Will it breakout & go higher? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K at BUY call itinerary. 

Immediate resistance @ $1.10 level. 

Subsequent resistance @ $1.20 level. 

Immediate support @ $1.03 level. 

Subsequent support @ triangle support level. 

Let's watch closely Disclaimer

Technical Analysis Feb 2021: SingMedical (SGX: 5OT)

Singapore Medical Group Limited 

Observation from Chart: 

SingMedical (5OT) forming higher high & higher low. 

How high will it go?

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ uptrend support level. 

Subsequent support @ $0.35 level. 

Immediate resistance @ $0.42 level. 

Subsequent resistance @ $0.49 level. 

Let's watch closely Disclaimer.

Technical Analysis Feb 2021: Sembcorp Marine (SGX: S51)

Sembcorp Marine (SGX: S51)

Observation from chart:- 

Sembcorp Marine (SGX: S51) forming ascending triangle pattern.

Will it breakout strong resistance & go higher? 

Other indicator:- 

MACD trade @ positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate resistance @ $0.174 level 

Subsequent resistance @ $0.205 level. 

Immediate support @ ascending triangle level. 

Subsequent support @ $0.135 level. 

Let's watch closely Disclaimer