Master these steps, recognise this highly recurring zigzag pattern to find pot of gold. Example Singapore-listed Keppel Corp (ticker: Bn4.si).Step 1 – Retrace. Step 2 – Consolidate. Step 3 – Up. Step 4 – Repeat steps 1 – 3. Example with Keppel Corp (ticker: BN4.si).
Monthly candlestick and line charts of UOB (U11.si) going back to 1997. 4 decades-long-trendlines for long term investors. One particular line spanning from 2001 to present connects 4 turning points that could be considered a high probability support.
End of month and end of quarter performance by Straits Times Index and its 30 index constituent stocks. For the quarter, STI is up slightly but only 13 stocks posted gains while 17 losses. Gain leaders are Venture Corp and DBS, loss leaders are Starhub and Hutchison Port Holdings.
Multiple time frame charts for Capitaland and Sembcorp look bearish. Both exhibit confluence of resistance with bearish chart pattern. Both are also supported so wait for confirmation. In this volatile market, better to get timing right than try to front run any break that could
This rising 20-year trend line in 3M chart of ST Engineering (S63.si) could be a pretty good support if we take away fear-driven lows. Buying-the-dip below this line turned out to be excellent value investing strategy during past three crises.
Key observations of Wilmar: Price rebounded from 6-year support twice in 2017. Printed new 52-week highs in 2016 and 2017. Last week bullish expansion over last 6 weeks of 2017.
End Q4 2017 (quarterly) and end of December (monthly) performance of Straits Times Index constituents. December performance of STI is a reaction to a 8-year boundary.