Monday, 2 July 2018

Heat-Map of Major Currency ... to detect Trend & Moneyflow?

Trend HeatMap
USD vs Major Currencies

USD is gaining Strength against the following currency, in recent weeks

1. CNY - Top of List, weakest vs USD
2. SGD, 
3. TAI, 
4. THB, 
6. MYR
7. NZD - Bottom of List, rising against USD


Wednesday, 13 June 2018

Identify The Stock Trend - to ride along the Bearish or Bullish Moods ahead

Review of Stocks in Bearish Trend/Moods a week ago
1. SingTel  
2. HPT (US)
3. City Dev 
4. StarHub

Identify The Trend ... The Trend is your friend
Stocks trapped in bearish trend/moods may faced more selling pressure at times & when heavily OVERSOLD, tend to stage occasional Rebounds.

But the Rebounds may be Short-Lived, unless prevailing selling pressures are exhausted. Stronger Rebound or Trend Reversal may occur when driven by +ve Fresh News or changes in Stock Fundamentals.

A week back, stocks above (highlighted in 31st May Post - see below) faced Overselling Pressures 
& subsequently led to Rebounds  
- But the rebounds are short-lived, as seen in both SingTel & StarHub & bearish trend/mood resumed
- City Dev, HPH (US) also Rebounded but on Stronger momentum, driven by recent *Fresh News from market analysts  

Recent *Fresh News
... HPH (US) - "SellDown as OverBlown" by OCBC Research
... City Dev - kept "buy" by Deutsche



Typically, Stocks trapped in Bearish Trend/Moods tend to remain weak (if not driven by +ve Fresh Leads)

CHART REVIEWS of Stocks in Bearish Trend/Moods (a week ago)

1. SingTel  
2. HPT (US)
3. City Dev 
4. StarHub


Charts (7 June'18) below shown stocks that are Oversold led to Rebound subsequently but without +ve Fresh News, price weakness remained (as in SingTel & StarHub)
... City Dev, HPH (US) also Rebounded but with more upside, fuelled by recent *Fresh News from market analysts
... DAY on 31st May'18 is depicted by "Blue Box"


OverSelling led to Rebound but Short-lived, fell lower









OverSelling led to Stronger Rebound (*Fresh News)



OverSelling led to Strong Rebound (*Fresh News)

OverSelling led to Rebound but Short-Lived, fell lower





LEGEND (Short Term Trend Outlook 1-5 days): Read More >


Identify The Trend ... The Trend is your friend
Stocks trapped in Bearish Trend/Moods a week ago
1. SingTel  
2. HPT (US)
3. City Dev 
4. StarHub




Previous Post Dated 31st May'18



Sunday, 3 June 2018

Creative: Short Term Breakout of Range Band Consolidation ?

CREATIVE Technology will introduce some of Taiwan's biggest live-streaming "influencers" to its new Super X-Fi headphone holography at the Computex trade show over the next few days ...
Fresh News stirs Stock out of Range Band Consolidation

Tuesday, 15 May 2018

Thai Beverage in Tech Rebound with Res 0.85c

Chart Highlight: (ShortTerm Outlook):



THAI BEV is attempting to stage a Technical Rebound from Today Low 79.5c (support) after its results, with Immediate Resistance 0.84 - 0.85c. Without fresh leads, it likely remain weak or trapped in congestion if it cannot overcome 0.85c Res short term, with Support near 0.79 - 0.77c level.




Stock Highlight: THAI BEV - In 2Q18 ended March, group revenue rose 34.3% to THB 67.6 billion led by an increase in the sales revenue of spirits, beer, and food businesses although there was a decrease in sales revenue of non-alcoholic beverages business.




Monday, 14 May 2018

Comfort Delgro on Upside Biases since mid-April after Res 2.20 turned Support

C.Delgro turned Upside Bias only AFTER its Immediate Res 2.20 was Broken &
Turned into its Support, that lead to its recent Upside Breakout.


Following our Chart posted on 12 April 2018,  its initial attempt to climb over Resistance Wall of 2.20 was weak; but Consolidation followed which turned its Res 2.20 into Support, before it staged an upside move finally, over last few days. Further positive factors needed to maintain or fuel any Upside Biases forward.


Friday, 11 May 2018

Sg Post Immediate Res 1.35

For the full year ended March 31, 2018, SingPost booked a profit of $126.4 million on the back of $1.46 billion in revenue. The board recommended a final dividend of 2 cents per ordinary share to be paid out on July 31, 2018.

Upside Bias Sustainable only if Res 1.35 Broken & Turned into its Support 


 

Thursday, 3 May 2018

VENTURE ... rampage by short term Bear

VENTURE ... falling towards Oversold Zone, with 18.50 as Next Support.

The Chart point to its RSI entering Oversold Zone, which may trigger a Bear 
Rebound from 18.50 Price Level (which acts as its Next Support).

This Support need to hold firm, to halt further bear rampage, else it may
open to another door of weakness.

Venture Chart