jcylcharts

jcylcharts

1) Price reject MA200 on the 4hour chart 2) MACD bullish crossover from the oversold region 3) RSI attempt to breakout 50 4) Fundamentally, trading at attractive valuation - Strong net cash of RMB 4.4 Bil (S$0.22 per shares) - Annually dividend estimate 4.3% (annually in May) - P/B 0.633 - P/E 7.6 x 5) Coming up results on 4 Nov Accumulate bet 0.95 - 0.97

jcylcharts Updated 

1) Price attempt to break out 21.55 on 13/10/20 with day high at 21.65 2) Double bottom formation (suppose a bullish reversal pattern) with key Resistance at 21.45 3) MACD Histogram indicate losing momentum 4) RSI fail to stay above 70 5) Fundamentally: quarterly dividend might be a disappointment, usually in Nov. Short 21.49 - 21.65 Stop loss 21.86

jcylcharts

1) Cup and Handle formation 2) Indicators signaling a rebound ( MACD showing a bullish crossover, selling seem to slow down based in histogram) 3) Breakout 80.42 (MA20) should see it heading 85

jcylcharts Updated 

Using the Hourly chart, see immediate support @ 112 with various indicators improving Accumulating in view of 1) Month end result 2) Launch of iPhone 12 3) Better than expected results

jcylcharts

Based on the hourly timeframe, See price attempting to breakout 17.55 Immediate Resistance 18.32 (MA200) Fundamentally weak. Dont see any improvement on consumption with Covid still around. Will probably see it testing 15.51 again.

jcylcharts

Consolidation after steep drop Consider trading within the range of 70 - 76 Indicators showing oversold

jcylcharts Updated 

A double bottom formation in the making with ascending price channel. Breakout at 52.28 will see it head towards 53.50 (upper price channel). Indicators also looking good and supportive of further upside.

jcylcharts

Broke 256 heading 247 See selling pressure building up Indicators showing weakness

jcylcharts

Indicators enters overbought region. Short between 20.75 - 20.85, Stop loss 20.95 Potential pull back to MA20 (20.55)

jcylcharts Updated 

Very nice trading range between $18.50 - $19.50 Consider trading half within the range while other half hold for breakout

jcylcharts

Have been seeing it consolidating bet $19 - $19.50 for almost a month. Breaking out $19.50 should see it start trading within the range of $19.50 - $20