Technical Analysis May 2021: SINGTEL (SGX: Z74)

SINGAPORE TELECOMMUNICATIONS LTD 

Observation from Chart: 

SINGTEL (Z74) trading within $2.30 to $2.60 level.

When will it breakout ? 

Other indicator:- 

MACD trade at negative region,downtrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ $2.30 level. 

Subsequent support @ $2.20 level. 

Immediate resistance @ $2.50 level 

Subsequent resistance @ $2.60 level. 

Let's watch closely for Disclaimer. 

Technical Analysis May 2021: Mapletree Ind Tr (SGX: ME8U)

Mapletree Industrial Trust (SGX: ME8U) 

Observation from Chart: 

Mapletree Industrial Trust (SGX: ME8U) forming ascending triangle pattern. 

Will it retest $3.36 resistance level? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ triangle support level. 

Subsequent support @ $2.50 level.

Immediate resistance @ $3.00 level. 

Subsequent resistance @ $3.36 level. 

Let's watch closely Disclaimer

Technical Analysis May 2021: The Place Holdings (SGX : E27)

The Place Holdings Ltd (SGX : E27) 

Observation from Chart: 

The Place Holdings (SGX : E27) forming descending triangle pattern.

Will it retest triangle resistance level? 

Other indicator:- 

MACD moving trade at negative region, downtrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ MA20 level. 

Subsequent support @ $0.11 level. 

Immediate resistance @ triangle resistance level. 

Subsequent resistance @ $0.175 level.

Let's watch closely Disclaimer

Technical Analysis May 2021: MEDTECS INTL (SGX: 546)

MEDTECS INTERNATIONAL CORP LTD 

Observation From Chart:- 

MEDTECS INTL (546) retrace from $1.16 resistance to $0.93 support again.

Will it rebound & retest $1.16 level again? 

Other indicator:- 

MACD trading at positive region, uptrend sign. 

Stochastic %K on SELL call itinerary. 

Immediate resistance@ $1.02 level. 

Subsequent resistance @ $1.06 level. 

Immediate support @ $0.93 level. 

Subsequent support @ $0.77 level. 

Let's watch closely Disclaimer.

Technical Analysis May 2021: YZJ (SGX: BS6)

Yangzijiang Shipbuilding Holdings Ltd 

Observation from Chart: 

YZJ Shipbldg (BS6) forming doji at $1.55 high.

Will it retrace down FIBO 78.6% or MA20 level?

Other indicator:-

MACD trade at positive region, uptrend sign. 

Stochastic %K at SELL call itinerary. 

Immediate resistance @ $1.41 level. 

Subsequent resistance @ $1.54 level. 

Immediate support @ FIBO 78.6% or MA20 level. 

Subsequent support @ FIBO 61.8% level. 

Let's watch closely Disclaimer