SingTel 30 April 2018

My previous post mentioned:

Support zone: around $3.32
Near term resistance zone: around $3.50 (Double Bottom)

So after 1 week, we see that SingTel broke the near term resistance, from the double bottom. However, I am slightly concern as the last candlestick did not close at the day’s high price.

It’s been awhile, SingTel!

20dma and 50dma still looking good as of now. Closing above 100dma is good too. Stochastic signals in the overbought region, we might see some selling.

Next near term resistance: around $3.57

Hopefully tomorrow it can close above $3.50 still! More volume go go go!

slow with updates. quick look at SingTel 24 April 2018

I have been pretty busy recently. Didn’t have time to review some stocks properly.

But anyway, seems like these days.. good news are bad news. Have we gone back to the old times…?

This SingTel, sometimes don’t know what to say. other subsidiaries not doing well. Thought this is best among the telcos in Singapore as this is much more diversified. But see la, the share price no give face.

Support zone: around $3.32
Near term resistance zone: around $3.50 (Double Bottom)

The 14DMA crossing 50DMA… good sign. Please be more assuring!

A successfully breakout will lift the sluggish price and boring stock movement. At this price, we are looking at more than 5% dividends yield. please don’t blame me for inaccurate… sgx stockfacts is not working at the moment. -_- (still gonna launch new refreshed portal??)

Anyway, earnings season now. For both Singapore and US. Let the games begin!

Ascott Reit 5 Feb 2018

200dma acting as support?
pb about 0.84
Div yield abt 5.86%
(data from sgx stockfacts as of writing)

CapitaCom Trust 5 Feb 2018

closing above 200dma
Not sure if able to take some position between $1.76 – $1.78.

Stochastic: I like. High possibility of upturn.

Keppel DC Reit 5 Feb 2018

Lets see if $1.34 can be the bounce off area..
Its near the 200dma.

the high volume is a concern

CapitaLand 2 Feb 2018

Dang!
Profit taking time!?

Broke the short term support at $3.75. With such heavy volume for the last 3 trading days, let’s see if it will slow down or bounce on coming Monday.

Looking ugly indeed..
With the 50dma and 200dma closing together, hopeful that it can provide some cushion.

Investment Horizon: Short – Mid Term

SingTel 2 Feb 2018

Major selloff seen on Friday.
Let's see if it will reach another low around $3.40-$3.43 zone.
At current price, we are looking at attractive yield of about 5% !

Among telcos, I would still think that this is the best pick. 
Diversified business.

Investment Horizon: Long Term

 

Been away

Haven’t been posting anything for awhile now.

Been busy with life.

meanwhile, nothing much exciting in the sgx. making small climbs. same goes for other markets too

SGX S68 Short Term

SGX (S68)

Support: $7.45
Entry: $7.55 – $7.60
Near Term Resistance: $7.65
Target: $7.74

Time Frame: 2 weeks – 1 month

Comments: Previous times when we see such candlestick with good volume, good tendency for the stock to climb higher for the next few days. Good to target for $7.65 breakout, and take profit zone around $7.74 as it seems to be the resistance for previous times. Bullish Stochastic crossover under 20% level

Bumitama Agri (P8Z) Short Term Idea

Bumitama Agri (P8Z)

Support: $0.77
Entry: $0.785
Resistance: $0.835
2nd Resistance/2nd Target: $0.865

My Preferred Range Trade: $0.785 – $0.835
Time Frame: 2 weeks – 1 month

Comments: 2 good signals. Stochastic crossover below 20%, good signal. Possibility of MACD Histogram value above equilibrium line soon? Signal line crossover.