Monday, 8 May 2017

Sheng Siong (OV8) - 08 May 2017

What's in store for Sheng Siong this year?
http://sbr.com.sg/retail/news/whats-in-store-sheng-siong-year

From Sheng Siong's weekly chart, it shows a gradual uptrend.

The support levels are currently at $1.00 and $0.980,

The resistance levels are at $1.02 and $1.05.

Stochastic levels indicates it is currently near the over-bought region. 

Wednesday, 3 May 2017

Sembcorp Ind (U96) - 03 May 2017

Sembcorp Industries' new CEO announces strategic review; Q1 profit up 11.3%


The weekly chart shows Sembcorp Industry is on a downtrend. However the Q1 result may break this downtrend. 

The current price support is at $2.98 and $2.90

The technical prices resistance levels are at $3.08 and $3.19

Tuesday, 2 May 2017

DBS (D05) - 02 May 2017

Quality earnings drive investors back to Singapore bank stocks


DBS weekly charts shows uptrend since November 2017.

The technical price support levels are at $20.08 and $19.40.

The technical resistance levels are at $20.51 and $20.85.

Monday, 1 May 2017

UOB (U11) - 28 Apr 2017


UOB’s Q1 net profit up 5.4%, asset quality stable


UOB weekly chart shows uptrend since Nov 2016.

UOB price has broke above the $21.85 resistance due to Q1 net profit results.

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.