Monday, 17 April 2017

M1 (B2F) - 17 Apr 2017

M1 1Q net profit down 14.6% to $36.3 mil on higher expenses


The M1 weekly chart shows that it is still on a weekly uptrend.

The technical support is at $2.12 and next support level is at $2.07.

The resistance levels are at $2.17 and $2.24.


Wednesday, 12 April 2017

SPH (T39) - 12 Apr 2017


SPH Q2 net profit slips 1.2% on lower media revenue, to pay S$0.06 per share dividend


The weekly chart of SPH shows that it is on a long-term downtrend.

Technical price support is at $3.44 and next level is at $3.39.

The technical resistance levels are at $3.53 and $3.61.

Wednesday, 1 March 2017

YZJ Shipbldg SGD (BS6) - 01 Mar 2017

Yangzijiang Q4 net profit leaps to 607.8m yuan on advance payments


Yangzijiang is currently on uptrend with good daily trading volume.

The technical price support is at $0.965 and $0.945.

Resistance levels are at $0.995 and $1.025.

Thursday, 23 February 2017

Sembcorp Ind (U96) - 23 Feb 2017


Sembcorp Industries' Q4 profit more than doubles to S$147.5 million
http://www.todayonline.com/business/sembcorp-industries-q4-profit-more-doubles-s1475-million

Sembcorp Ind has been on the uptrend since 27 Oct 2016.

Stochastic shows overbought and the resistance is at $3.36 and next resistance level is at $3.41.

The price support is at $3.26 and next support is at $3.20.

Wednesday, 22 February 2017

Sembcorp Marine (S51) - 22 Feb 2017



Sembcorp Marine is on a good uptrend with high volume traded today.

Current support is at Fibonacci levels at 1.735 and $1.715.

Resistance levels are at $1.755 and $1.775.

Monday, 20 February 2017

Wilmar Intl (F34) - 20 Feb 2017

Wilmar posts 70% rise in 4Q earnings to $836 mil on stronger all-round performance


Technically Wilmar shows a decline from the Pennant today and it could be a start of a downtrend if it close below $3.85. 

The current resistance levels are at $3.94 and $3.99

The technical support levels are at $3.85 and $3.77.

Stochastic shows a downward trend.

Thursday, 16 February 2017

DBS (D05) - 16 Feb 2017

DBS’ Q4 profits fall to two-year low of S$913m


DBS chart unlike OCBC has broken its uptrend line.

The technical support for DBS is at $18.41 and $18.23.

The resistance levels are $18.59 and $18.81.

Stochastic is approaching the oversold area.

Tuesday, 14 February 2017

OCBC (O39) - 14 Feb 2017

OCBC’s Q4 profit falls 18%, hit by bad loans in oil sector


Despite a gaped down in OCBC share price, the uptrend is still intact.

The current price support is at $9.35 and the next price support is at $9.25.

The resistance levels are at $9.48 and $9.62.

Monday, 13 February 2017

SingPost (S08) - 13 Feb 2017


SingPost's net profit slumps 27.9% to $31.4m
http://sbr.com.sg/transport-logistics/news/singposts-net-profit-slumps-279-314m

SingPost is on a downtrend and it gaped down yesterday after the financial results announcement.

The technical support is currently at $1.395 and the next support is at $1.360.

The resistance levels are $1.425 and $1.460.

Thursday, 9 February 2017

SingTel (Z74) - 09 Feb 2017


Singtel's net profit up 2% in Q3 on strong demand for cyber scurtiy, home services.

The technical chart shows that SingTel broke the long-term downtrend line on 05 Jan 2017 and currently on the uptrend.

The current support is at $3.84 which is also the 20-day Moving Average and the support is at $3.79.

The resistance levels are at $3.89 and $3.92.