$OCBC Bank (O39.SG)$$Banks (LIST3044.SG)$🚀 ATH with vol $OCBC Bank (O39.SG)$$Banks (LIST3044.SG)$nice follow tru since i last wrote here, soon will reclaim ATH[Strong][Strong][Share Link: $Banks (LIST3044.SG)$$OCBC Bank (O39.SG)$tryin to clear pivot…hope they go soon[Strong][Strong]]
Depressing performance in US markets last Friday suggest the same will be forecefully populating to Asia/SG markets on our Monday, which will be seeing a sea of red. If history repeats itself and market responses does not change under the situation of the similar kind, do expects many 'falling knives' (at least for the first 30 panic minutes). Despite of the uncertainty of magnitude, there could be some attractive position...
As 1638h, preliminary updated indications that they might close the day (20240905) marginally higher than yesterday, if the current trading sentiment remains. Technically speaking, it is always good to have slight retraction in between, especially after charging up for quite a while. One of the better approaches (as for now) could be 'sidelining' for a while till we've a better visibility - as there could be avid responses and reactions (can be either way) whe...
All these counters managed closed just a few bids shy from their respective day highs. If there is no further major surprises, highly likely they will be 'retesting' their respective breakout points at level 372x (DBS), 147x (OCBC) and 318x (UOB). The next two days will be very crucial and interesting.
$OCBC Bank (O39.SG)$$Banks (LIST3044.SG)$nice follow tru since i last wrote here, soon will reclaim ATH $Banks (LIST3044.SG)$$OCBC Bank (O39.SG)$tryin to clear pivot…hope they go soon[Strong][Strong]
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Any idea can go for how long before interest rate cut?
As an overall, looks like there could be a brief spike in the morning when SG market opens on Monday?.. Or will it take a brief breath after a good run last Friday? In a short term, at these levels, it might be also good to prepare oneself to take some progressive profits when the price is right before they enter the consolidation phase (again). Worth to observe the market closely from now onward...
Quick Overview: Look like they might close at their respective 'Day High' of today if the coal is continuously applying to get the steam. (Note: This could be a month-end 'look-good effect' when money is pumping in). Anyway, we are approaching September next week and foreseeing there could be a few interestingly volatile sessions ahead. *(US markets closes on their Monday, our Tuesday)* Within means, it will be good to have some capitals on standby and ready, j...
US markets is charging upwards as SGT 0005hrs. This might 'ripple & populate' to SG market when it opens on Friday? (the final trading day of August) Preliminary anticipated that these counters might open 'noticeably' higher than their respective yesterday's closes. With the right volume, believe that we might even see some (or all of them) breaking through their respective resistances. It will be an interesting day!
Next Fed Meeting scheduled to happen on our 18 September. Anticipated, there could be some knee jerk movements of these counters from now till then (even though there are indications that most of the thing has already factored in these respective prices due to rate cut). For long-term investment, there too have opportunities for entry when any of these prices really really dips to any attractive levels (especially for those who had 'missed' the boats on 5th and 6...
$OCBC Bank (O39.SG)$$Banks (LIST3044.SG)$nice follow tru since i last wrote here, soon will reclaim ATH[Strong][Strong][Share Link: $Banks (LIST3044.SG)$$OCBC Bank (O39.SG)$tryin to clear pivot…hope they go soon[Strong][Strong]]
If history repeats itself and market responses does not change under the situation of the similar kind, do expects many 'falling knives' (at least for the first 30 panic minutes).
Despite of the uncertainty of magnitude, there could be some attractive position...
Technically speaking, it is always good to have slight retraction in between, especially after charging up for quite a while.
One of the better approaches (as for now) could be 'sidelining' for a while till we've a better visibility - as there could be avid responses and reactions (can be either way) whe...
$Banks (LIST3044.SG)$$OCBC Bank (O39.SG)$tryin to clear pivot…hope they go soon[Strong][Strong]
In a short term, at these levels, it might be also good to prepare oneself to take some progressive profits when the price is right before they enter the consolidation phase (again).
Worth to observe the market closely from now onward...
Anyway, we are approaching September next week and foreseeing there could be a few interestingly volatile sessions ahead.
*(US markets closes on their Monday, our Tuesday)*
Within means, it will be good to have some capitals on standby and ready, j...
Preliminary anticipated that these counters might open 'noticeably' higher than their respective yesterday's closes.
With the right volume, believe that we might even see some (or all of them) breaking through their respective resistances. It will be an interesting day!
For long-term investment, there too have opportunities for entry when any of these prices really really dips to any attractive levels (especially for those who had 'missed' the boats on 5th and 6...
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