Singtel (A strong swing up is possible)View On Singtel (21 Feb 2019)
This counter has been drifting lower for a long time and it "may" be a good time for the strong pullback. This move is to swing out last short traders.
We are seeing a high possibility of the decent swing up.
There shall be up and down swings along the way but 3.27 and 3.32 will decent resistants (aka TP levels for Long positions).
DYODD, all the best and read the disclaimer too.
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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.
Starhub - Double (Triple) Bottom?Starhub could be forming a double/triple bottom. However this is a risky Long and SL should be kept tight just a few cts below support at 1.60. This could be a slow trade even if right. Am not expecting to see good momentum until it can recover a fair bit higher.
SAT broke out of long term falling wedge (Bullish)I got into this trade at 5.00 and added at 5.07 as it broke out of the long term falling wedge formation and am looking at a possible wedge target of 5.70 - 5.80 with a stop loss just below 4.90. However targets are not guaranteed, will place trailing stops as it rises - usually a fractal low or the below the low of the previous day's candle (if it was a large bullish candle).
Yanlord - Adam and Eve reversal (bullish reversal)Adam and Eve is another of my favourite bullish reversal pattern. Yanloard broke above the neckline at 1.35 on 11 Feb and has been consolidating between 1.36 to 1.42 for the past week. The consolidation looks to be a bull flag and I am expecting it would be able to reach a price target of around 1.50 (hmm, just a small profit for now as the adam and eve formation was "shallow").
APAC Realty - Possible Bull Trend underway Apac Realty was in a decline for almost 8 months before hitting bottom in Nov 2018. It then flattens out and formed a base over the next 3 months before rising sharply on 12 Feb 4 days ago. This could signal the start of a new bull trend. There is an immediate resistence at 0.585, should there be a pullback towards 0.51 and starts to rebound from there, it would be an opportunity to stake at low risk with mid term price profit of 0.75. (profit targest are just a guide, trail and protect your profits should the stock rise in our favour!).
OUE - Inverted Head & Shoulders (Bullish Reversal Pattern)OUE formed an inverted Head and Shoulders over the last 6 months (with a sloping neckline). It broke the neckline at 1.50 two weeks ago with higher volume but consolidated in a small range until it took another step up on 15 Feb. It looks on track to a projected target of at least 1.70 with an inital stop loss placed a couple of ticks below 1.50.
Head and Shoulders in Singapore Airlines This pattern is just as reliable at a bottom as at a top. The general rule of lower activity at bottoms is reflected the the Head and Shoulders Bottom . For this same reason, this bottom pattern is often longer and less broad, and the eventual breakout volume is often not as intense as on a Head and Shoulders Top. Overall, more demands are made on our patience.
The forecast is not established until the neckline has been breached decisively, ideally by an appreciable pick up in volume.
Yesterday produced an out of line movement which closed beyond the neckline. The forecast is therefore for a fairly quick completion of the pattern in the same direction.
The 3% point is shown. This is the conservative recommendation given by Edwards and Magee for taking a position on breakout.
SPACKMAN (Do you want to live dangerously?)First of all, THIS IS ONE RISKY COUNTER. DYODD big time on this.
NO reward can come without risk.
We are seeing a possible sign of bullishness. It will become more obvious once it breaks up 0.03 level.
It is not recommended for Contra trading, too.
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.
We may (or) we may not take the trade. 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.
Best World (Bullishness has the upperhand)We had a strong breakout and my previous trade idea is no longer valid.
Price Action is too strong to call for any bearishness at this moment.
DBS back to $23?Over the last few weeks, we've seen buyers coming in and some reversal price actions have been playing out pretty well. Unfortunately, for the past week we've seen some fierce selling coming back again with the breakdown below $24 which can see further selling pressure to bring DBS down again to $23 where we can expect to see short covering.
AWX still on the uptrend moveThere are a few bounces off the support line near 0.915 ~ 0.920 You should be able to notice where is my take profit level for my trade.
When entering the trade , do take note of any candle pattern to indicating start of the trade. eg. hammer reversal/engulfing
Feel free to post any comment/question or any idea that you wish to share. I am more than willingly to reply you back :)
Quotes "The key to trading success is emotional discipline"
Singapore Stock: UOL AnalysisUOL is fast approaching a big resistance level as highlighted by the two blue rectangle boxes; one being a strong supply zone while the other is the 200EMA that will act as resistance.
Question is should we short?
My personal preference will NOT be to take a short trade, but to wait to long instead.
Reason:
1) The prior supply zone is a weak high and have many failed auctions.
2) The recent uptrend move is strong; Smart Money may had rotated to a long position instead
With regards to the first reasoning, the big players will also know that its an area many are looking to short. But with so much failed auctions at the supply zone, they will know it’s a good area of liquidity to hunt – they will hunt for your shorts stop loss position.
The red arrows are our predictions on how this counter will move – first spike to take in the shorts SL, before a minor correction and then continue its uptrend upwards.
DO NOTE CHARTS ON TRADINGVIEW ARENT ADJUSTED FOR DIVIDENDS AND MIGHT APPEAR DIFFERENTLY FROM OTHER CHART PROVIDERS SUCH AS CHARTNEXUS
Best Regards,
NourCapital - Tracking Smart Money Flow
Disclaimer:
The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Update Stock Ideas - CCK, RSawit, Ekovest, Johotin, ThaiBevBuy, Sell or Hold?
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Who have the best setup? AEM vs Sheng Siong2 Singapore Stocks with different setup.
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Update Stock Ideas - CCK, RSawit, Ekovest, Johotin, ThaiBevBuy, Sell or Hold?
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
ThaiBev - Hidden Potential Buying in AccumulationStrength in the chart:
1. Shakeout before 18 Line Change with high volume
2. Testing the resistance with upbars and increasing volume
3. Lots of Sign of Strength in the support level
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
SG UOB with a suspected H-S-T pattern, decline target $21.3It seems like SG UOB has been charting out a H-S-T patterns over the past 1 year.
And similar pattern can be found in another SG bank stock - DBS.
What makes UOB's chart interest is its complex variation from the classic H-S-T pattern. Everything in this construct came "double". It two double-headed S and arguably a double-headed H. Even the retraction from the breakout line also happened twice (one in end nov early Dec, and the other one in last week).
If today's decline marked the end of the rebound, it' possible that the double-headed retraction was also done. As the next stage, the price might plunge through the breakout line again, and hit the minimum decline target i.e. $21.3.
Let this analysis be tested by time!
P.S. I am interested to see if it ends up with a double-tap at $21.3 range.
Oxley (A time to shine?)View On XAU/USD (29 Dec 2018)
For the whole year 2018. Oxley has been on the slide and it can go lower still.
I am expecting 0.24 to 0.265 is a good fishing net, you can 'try'to collect some.
DYODD too.
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Thank You!
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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UOBDuring this correction, volumes were low meaning the stocks were passed from the weak mental strength herd to the hands of the smart monies. In the comparison analysis, UOB outperformed the benchmark financial index, refusing any whipsaw along the way.
DBS During this correction, volumes were low meaning the stocks were passed from the weak mental strength herd to the hands of the smart monies. In the comparison analysis, DBS outperformed the benchmark financial index, refusing any whipsaw along the way. ODBS only gently touched the 200EMA showing why it had been the strongest bank among the 3 local banks in Singapore. If one is buying any bank stock and is spoilt for choice, then DBS is the top bank stock of Singapore.
Singtel oversold but needs further confirmation (SGX Z75)MACD and RSI showing signs of oversold
Waiting for upward trend to 2.96 for stock to pass EMA before buying
Recent trade war and new competition from TPM in telco may cause further volatility.
Recommend not to long, sell to lock in profits
SIA Engineering (Downtrend)Short term (4h) - Bear , Mid term (Day) - Bear , Long term (mth) - Bear
Highly possible that the downtrend will continue until it hits the next support level. No significant volume/candle pattern to indicate a reversal in the trend.
P.S - Remember to ride on the wave trend. The trend is your best friend.
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