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Price Peak Show Up After Denies Optus Sales' RumorPrice in 5 mins shows unreasonable price & volume formed. Despite high volume traded intraday, but the stock price stays within the range. This could mean the "Jedi" are holding the price up while churning volume to looks good to the public. ‌ From our analysis, we find these price movement a price peak & a possible short term retrace is building up. Which going for a short DLC, $Singtel 5xShortSG241218(DVZW.SI) will make more sense for us. ‌ This is just our short term view based on our analysis. You might like to share your view with us in the comment too! MAY THE FORCE BE WITH US! ‌ About our analysis : Utilizing the dynamic insights from a 5-minute chart. By closely examining this timeframe, we dissect the intricate volume and price transactions of significant market players. Our aim is to identify short-term support and resistance levels, enabling informed trading decisions. Through this meticulous analysis, we decipher price patterns and trends, providing valuable guidance for traders navigating the fast-paced realm of stock trading. ‌ Disclaimer: The information provided in this post is for informational purposes only and should not be considered as financial or investment advice. Any action you take upon the information in this post is strictly at your own risk. We are not responsible for any losses or damages that may occur in connection with the use of this information. Always do your own research and consult with a qualified financial advisor before making any investment decisions. The views and opinions expressed in this post are those of the author and do not necessarily reflect the official policy or position of any other agency, organization, employer, or company. #shorttermtrading #SGX #demandsupplytrade #pricevolumeanalysis #roundnsurge #DLC #shorttermtrading #dailyleveragecertificates #singtel #short
SGX:Z74Short
by ROUNDnSURGE89
1
We are back!! $SIA(C6L.SI) Showing sign of bottomHas been away awhile from here! Hope everyone is doing well in the stock market! Let's dive into our analysis on SIA C6L Recent fall shows signs of volume supporting the price at the previous low in the 5 mins chart (yellow box). ‌ With price moving slightly higher could be a sign of short term rebound is on the way. ‌ Our trading method: Taking advantage to this possible short term rebound & maximizing the returns with our low exchange rate of MYR to SGD, we look into SIA's DLC issue by #societegenerale, TSX:SIA 5xLongSG250709(DZTW.SI), long position due to lower outstanding%, lower DLC price, & more sensitive to the underlying securities. ‌ @roundnsurge ‌ Share your view about TSX:SIA (C6L.SI) in the comment section. ‌ About our analysis : Utilizing the dynamic insights from a 5-minute chart. By closely examining this timeframe, we dissect the intricate volume and price transactions of significant market players. Our aim is to identify short-term support and resistance levels, enabling informed trading decisions. Through this meticulous analysis, we decipher price patterns and trends, providing valuable guidance for traders navigating the fast-paced realm of stock trading. ‌ Disclaimer: The information provided in this post is for informational purposes only and should not be considered as financial or investment advice. Any action you take upon the information in this post is strictly at your own risk. We are not responsible for any losses or damages that may occur in connection with the use of this information. Always do your own research and consult with a qualified financial advisor before making any investment decisions. The views and opinions expressed in this post are those of the author and do not necessarily reflect the official policy or position of any other agency, organization, employer, or company. #shorttermtrading #SGX #demandsupplytrade #pricevolumeanalysis #roundnsurge #DLC #sia #dailyleveragecertificates
SGX:C6LLong
by ROUNDnSURGE89
Fundamentals and Weekly Technical align.ISDN just released its full year, though numbers are disappointing, the company mentioned that they had been re-investing heavily during down time to capture market share. With yuan bottoming, semicon seeing a pick up in 2H 2024, and Chinese advanced manufacturing boom for the foreseeable future, I expect a stella FY 2024 from low base of FY 2023. Technical wise, there is 3 supports that forms a good bullish divergence on MACD. Breaking the downward sloping resistance may see the price rebound to $0.415 before more upside.
SGX:I07Long
by CedricYang
Price target for G Invacom(SGX:QS9)?On February 19, G Invacom’s chart broke out of a classic triangle chart pattern, which would be considered a strong break if it closes at $0.055 or higher. In a previous instance, when the chart broke down from a descending triangle on November 19 of last year, the price dropped by 22% to reach its lowest point. Similarly, when the price broke down from a triangle pattern on August 14, 2022, it fell by 30% over the next two months. Therefore, it’s possible that the price may rise again if G Invacom’s price breaks above the triangle chart pattern today. As the price broke above the chart pattern, the stochastic indicator also moved above the 50 mark on both the daily and weekly charts. Additionally, on September 5 of last year, the price also broke above a classic chart pattern on the weekly chart, and the uptrend has been intact since then. Price target for G Invacom By conducting a Fibonacci projection from the bottom of the chart pattern to the breakout point, the first target price for this breakout would be $0.066, followed by $0.079. This could potentially provide traders with a return of 23% to 47% over the next few weeks to three months. On the downside, a stop-loss order could be placed at $0.041, providing a 1:1 risk-reward ratio based on just the 50% Fibonacci projection target price. Overall, this appears to be a favourable trade setup if traders enter a long trade based on the current price.
SGX:QS9Long
by minichartsg
China's easing, OPEC+'s Oil Production Cut, Recovery PlaySGX:G92 Comments on Annual Quantitative Analysis End 2023 Price Target using same PE as 2022 = $1.24 End 2023 Price Target using same Sales Multiple as 2022 = $0.73 Forecasted Revenue to decrease but Net Income to increase in 2023. The increase in Net Income could be attributed to the increase in Other Income. Lower Revenue is affected by the decrease of oil prices and volume. Other Income is contributed by Interest Income and government rebates. Quantitative Analysis (Sector Comparisons) Stock P/E on a premium to sector and is positive. Stock Earnings Growth is sequentially positive and above sector average. Comments on Business Return to pre-pandemic travel levels and in-office work a positive factor on growth. World’s largest online marketplace for pet care and world’s leading pet services app. Stronger bookings particularly for overnight boarding and house sitting services, during months of June, July, and August, and November and December, which in a typical year coincides with high travel demand related to summer and holiday travel, respectively. Total air traffic in 2022 rose 64.4% year-on-year. Number of global airlines has also increased. International Air Transport Association (“IATA”) predicts total airline revenue to recover to around 93% of the pre-COVID level in 2023. Air travel demand in Asia Pacific on expectations that China’s air travel-related restrictions will be progressively alleviated. Asia Pacific is expected to record a significant improvement but will still post a net loss of approximately US$6.6 billion. KPI's Driving Revenue and Earnings OPEC+’s decision to extend oil production cuts could offset losses. Decrease in total expenses due to decrease of expected credit loss (“ECL”) and bank charges. Trade Structure Entry - $0.885 Target - $0.980 Stop - $0.835
SGX:G92Long
by syy891013
64% ROI if you invested in March 2020 for OCBCSuch is the rewards if one is patient enough and daring enough to get in at the almost right time! The top 3 banks are giving good investment returns to their shareholders thus far and with the rate hike news, it should not be a major issue for these banks to reach their previous peak at all. In this case, we are shy of 2 dollars to reach the pinnacle. Will it rise higher thereafter ? I would say it is highly possible but not without challenges. It is more likely for profit taking and thus retracement is expected and price action is likely to move sideways until we see another stimulus to pierce through the resistance level at 14. However ,if you have not bought any bank shares locally, I would suggest to hold your fire as the price is too high now. Let it comes down a bit first and DYODD if it is a worthy investment for you.
SGX:O39Long
by dchua1969