$Seatrium Ltd (5E2.SG)$ The candlestick formed on 31/Dec has a green real body that is twice the size of the lower shadow, so it is NOT a hanging man (as mentioned in the comment below).
And by the way, when it is a dragonfly doji, the color is not significant for interpreting a doji.
And by the way, when it is a dragonfly doji, the color is not significant for interpreting a doji.
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$Seatrium Ltd (5E2.SG)$ For a candlestick to be classified as a hammer, it must have:
- A small real body near the top of the candlestick range.
-Little to no upper shadow.
- A long lower shadow that is at least twice the size of the body.
A candlestick without a body (where the open and close prices are the same) is called a doji, not a hammer.
- A small real body near the top of the candlestick range.
-Little to no upper shadow.
- A long lower shadow that is at least twice the size of the body.
A candlestick without a body (where the open and close prices are the same) is called a doji, not a hammer.
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$Seatrium Ltd (5E2.SG)$ The upper wick is much longer than the lower tail, so the candlestick doesn’t seem to qualify as a long-legged doji. It might also suggest that the market tried to push higher but was met with strong selling pressure at higher level, forcing prices back down.
However, will not act on only one doji candle, unless the next candle provides confirmation of a reversal.
However, will not act on only one doji candle, unless the next candle provides confirmation of a reversal.
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$Singtel (Z74.SG)$ SingTel holds ~22% of SingPost, should benefit from SingPost’s unlocking of Australian business.
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$AEM SGD (AWX.SG)$ 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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