$AEM SGD (AWX.SG)$ Unfortunately, it’s not a hammer pattern. A hammer pattern should have long tail. (Just like a hammer should have long “handle”)
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$CapLand China T (AU8U.SG)$ The chart possibly shows a Double Top, a bearish reversal pattern. However, for the pattern to be considered valid, there needs to be a break below the support level formed.
Without this confirmation, the price could just be moving in a range (sideways), and the double top pattern would not be reliable as a signal for the downtrend
Without this confirmation, the price could just be moving in a range (sideways), and the double top pattern would not be reliable as a signal for the downtrend
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$Singtel (Z74.SG)$ $Keppel (BN4.SG)$ $Wilmar Intl (F34.SG)$
Seeing the use of the term DCA in many Moomoo’s comment section, commonly refers to buying additional shares of a stock when its price declined/ the stock experienced a pullback/ the stock retraced
DCA is actually an investment strategy that involves investing a fixed amount of money *at regular intervals* (such as weekly, monthly, or quarterly) into a particular asset/portfolio, *regardless of its price*.
It is NOT the same as the strategy...
Seeing the use of the term DCA in many Moomoo’s comment section, commonly refers to buying additional shares of a stock when its price declined/ the stock experienced a pullback/ the stock retraced
DCA is actually an investment strategy that involves investing a fixed amount of money *at regular intervals* (such as weekly, monthly, or quarterly) into a particular asset/portfolio, *regardless of its price*.
It is NOT the same as the strategy...
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$Seatrium Ltd (5E2.SG)$ A true double bottom pattern, which seems this security is lacking of:
- A change in market fundamentals for the security.
- A spike in volume occurs during the two upward price movements.
- A change in market fundamentals for the security.
- A spike in volume occurs during the two upward price movements.
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$ComfortDelGro (C52.SG)$ The chart shows long legged doji, indicate indecision. It could mark the start of a consolidation period, or it could just end up being an insignificant blip in the current trend. I may want to see what the price does after this long-legged doji, instead of acting on one-candle pattern.
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Scrooge_McDuck OP Deep Sea : The tail should be at least two times the height of the real body to be considered a hammer candlestick.
Anyway, “absorbed ” some selling pressure @ 1.28 yesterday. Let’s hope for price reversal to the upside soon.