Get started
Are the gamblers back to the casino ?Read the latest news here You can say that the Covid-19 has hit the travel and tourism business hard, real hard. Those who have been to the casino knows the atmosphere is different from betting online. It is not just about the winning but the ambience, the people, the light and sound all curated into an exciting place for people to try their luck. I dunno if people gather in groups to bet online but I doubt so. More likely, the gambler will have to be on his own, using his laptop, mobile phone, etc. It just does not feel the same :((( With a large junk of revenue lost through the casino, the entertainment related businesses like the theme parks are also affected. I won't be too eager to get into any travel, retail or hospitality stocks/reits at this juncture as we see news of dividends being slashed. Yes, the price may appear low and cheap but cheap can get cheaper. Will I want to short this stock ? Not as well since the risk/reward ratio is not that fantastic and moving into Q3 and Q4, we could potentially see a new vaccine being developed which could provide a short term boost to the stock price. Those who are keen on short term trades may want to wait for the support at 0.685 to be broken down before initiating your short position. Trade safely!
SGX:G13Short
by dchua1969
Trading Strategy for Wilmar1. Trend Analysis Trading range to breakout higher in channel 2. Indicator Analysis Above 200 daily SMA now turned support ( Bullish ) Sell signal from MACD with support of negative momentum from stoch (bearish) High volume coupled with previous gap down(bearish) 3. Candlestick Analysis NA 4. Pattern Analysis -> ABCD pattern could be present if uptrend channel breaks -> Buyer Holds uptrend channel and continue further Trading Plan 1. Trade against the flow with shortist Wait for a weekly close below the uptrend channel for entry SL: Prior high at 5 , double top formation TP(1):4.11 TP(2): 3.38 Remark: You need to monitor and trail it closely. 2. Go with the flow ( ABCD pattern) Long Entry @ 3.64 when reversal candle happens S:: 2.82 TP:5.3 Enter a short position if reversal happens at 5.3 Please DYODD
SGX:F34
by DailyPriceActionGuru
Trading strategy for Hongkong Land 1. Trend Analysis Neutral 2.Pattern Analysis Possible Inv H&S, 3.61 for right shoulder Possbile Evening Star candlestick 3.Trendline Analysis Primary Trendline @ yellow line for support 4. Indicator analysis (hourly chart) Stoch Rsi and MACD seems to be losing some strength (bearish) Volume is low Probably due to dividend payout 4h SMA 150 seems to goes well w this counter Trading Plan Wait for entry at 3.6~ 3.62 SL: daily close below 3.45 TP: 5.4 Pls DYODD
SGX:H78
by DailyPriceActionGuru
Trading strategy for yanlord 1. Trend Analysis Downtrend 2. Chart pattern analysis Channel 3. Indicator Analysis Weekly 50 SMA proved to be a strong indicator for breakout( bullish) RSI high coupled with strong vol (bullish) MACD looks healthy with buyer having a slight lead on seller. 4. Primary Trendline(Yellow) Analysis Past history have always showed a bounce off followed by a breakout 5. Candlestick Analysis We have a 4x green soldier coming along Trading Plan 1. Medium Risk channel trade Entry: wait for a monthly close above primary trendline(Yellow) as weekly closure is not convincing enough for buyer and bb to enter SL: Monthly close below 1.17 TP(1):1.55 , anticipating a bounce off from channel Remark: Expected to reach target at mid Feb 2021 S1:1.17 S2:0.67 Please DYODD
SGX:Z25
by DailyPriceActionGuru
1
Trading Strategy For CSE global1. Trend Analysis Downtrend 2. Indicator analysis Weekly 150SMA Increasing volume overrated MACD ( Bearish) Overbought RSI w low vol (bearish) 3. Trendline Analysis Due to closure below primary trendline(yellow) ,buyers are afraid of entering as a major drop may happen. 4..S&R Analysis Support comes at Primary trendline (in yellow) Resistance at upper channel line( in green) 5. Breakout Analysis Elliot wave Charting with key fib in place and predicted movement in orange 6. Pattern analysis Recovery or reversal from double btm Trading Plan (Impulsive Elliot wave) Entry @ around 0.5 when it comes back from 0.625 Stop loss: weekly close below 0.4 TP(1):0.99 ~ 1 TP(2): 1.125 Pls DYODD
SGX:544
by DailyPriceActionGuru
Riverstone - Opportunity to long againAfter retracing a steep 62% from it's recent swing high, Riverstone tested horizontal support at 3.52 this morning and quickly rebounded from here. With bullish divergence between price and stochastic in the making, I would long here @ 3.60 with initial stop at 3.48. Take partial profits between 4.20-4.35 and ride the rest with a trailing stop. (trialing stop is a must as this guy is volatile) 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 risk tolerance. Thank you.
SGX:AP4Long
by Juliac
Sing Post (Truthfulness so often goes with ruthlessness.)View On Sing Post(17 Aug 2020) We are seeing some potential "Bullish" revival in this counter. As long as $0.62 level is held well, it can swing back up to $0.82 or even higher. Let's see. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SGX:S08
by SonicDeejay
Sri Trang (Nine-tenths of education is encouragement!)View On Sri Trang (17 Aug 2020) Sri Trang is experiencing big position swaps and it is proven the showing up of big volume. Since both sellers and buyers are getting aggressive, it is better to stand aside first and re-evaluate. At the same time, it is good to watch out for the break out candle. I am seeing as long as no bullish candle show up,it should retest $1.16 region again. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SGX:NC2
by SonicDeejay
Small Pullback Before Taking OffThis is an update from my previous post on DBS: Currently we have a risk free trade trade running on DBS SGX:D05 . Today I see another opportunity to be bullish, however we have to wait until it retraces to the nearest level. Big players are in the midst of profit taking from the previous bull run. Technically: downtrend channel resistance had been breached, we are waiting for the small pullback and buy from that area. This week my trade opinion : Buy Limit at $20.50 Stop Loss at $20.20 Take Profit at $21.78 Risk Reward Ratio = 4.27R Disclaimer : The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee. As always, move your SL when you are in the profit zone.
SGX:D05Long
by machintose