Tuesday, 24 January 2017

M1 (B2F) - 24 Jan 2017

M1's Q4 profit down 27.1% to S$31.8m as traditional telco services take a hit


M1 has been on the uptrend since 27 December 2016. Stochastic shows overbought.

After M1's Q4 financial results, the stock opened down today at $2.10 and broke the uptrend line.

The technical price support is at $2.06 and the next support is at $2.03.

The price resistance levels are $2.10 and $2.14.

Monday, 23 January 2017

Keppel DC Reit (AJBU) - 23 Jan 2017

Keppel DC Reit declares distribution of 2.8 cents per unit for H2 2016


Keppel DC Reit technical support is currently at $1.205 and $1.195.

The technical resistance level is at $1.125 and $1.230.

Monday, 16 January 2017

CapitaLand (C31) - 16 Jan 2017


CapitaLand to develop office tower in Ho Chi Minh City


CapitaLand is on the uptrend but Stochastic shows overbought and daily volume is decreasing.

The second chart shows that CapitaLand has broken the downtrend line on 10 January 2017 and is on the uptrend since September 2015.

Technical resistance levels are at $3.16 and $3.18.

The technical support is at $3.14 and $3.11.

Thursday, 12 January 2017

StarHub (CC3) - 12 Jan 2017


M1, Starhub join forces to combat new telco threat.
http://sbr.com.sg/telecom-internet/news/m1-starhub-join-forces-combat-new-telco-threat

StarHub technical chart shows a double bottom reversal at around $2.75.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_bottom_reversal

It is currently uptrend but interesting to see if it can break the $2.98 resistance level or it will become a double top reversal and retreat. 
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_top_reversal

Stochastic shows overbought and the trading volume is decreasing.