0.000High0.000Low0Volume0.000Open0.045Pre Close0.00Turnover0.40052wk High0.00%Turnover Ratio0Shares0.04552wk Low--EPS TTM0Float Cap1.405Historical High--P/E (Static)0Shs Float0.045Historical Low--EPS LYR0.00%Amplitude--Dividend TTM--P/B100Lot Size--Div YieldTTM
I waited on the sidelines for a pullback, and that came when FOMC projected fewer cuts and markets tumbled, breaking below several key EMA levels (50D and 100D EMA). That also triggered some of my limit orders at those levels.
Managed to deployed ~33% of Cashplus ammunition that was sitting on the sidelines since en...
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However, technically, the price is also approaching resistance levels seen over the past 10 years.The big question now is: how...
Read here and here.
Today has closed below 3320 which confirms the short-term bearishness. A test towards 3320 as a resistance will likely confirm that more bearishness will set in with the price heading towards 3250.
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Possible hedging instruments:
Warrants: $SIMSCI 280MBePW240930 (GIWW.SG)$
DLCs: $STI 7xShortSG250529 (CZGW.SG)$
Update today with 2 charts.
Weekly chart: Price is near 3400 and a long-term trend line
Daily chart: Price action is showing bearishness near this resistance.
Hit the follow me button for fresher insights!
A day close below 3320 is going to provide a more bearish...
The Singapore STI is at a crossroads! The index is nearing resistance at 3400, but strong momentum is pushing it to 3-week highs. This video dives into the current situation. We'll also discuss how to hedge your long STI portfolio with DLCs and warrants.
Possible hedging instruments:
Warrants: $SIMSCI 280MBePW240930 (GIWW.SG)$
DLC...
Hit the follow me button for more instant updates!
Short-term trading instruments:
Bearish
$SIMSCI 250MBePW240930 (EVNW.SG)$
$STI 7xShortSG250529 (CZGW.SG)$
Bullish
$STI 5xLongSG250529 (CVEW.SG)$
$SIMSCI 295MBeCW240930 (MWDW.SG)$
Resistance at 3180 and support at 3130.
These are immediate levels.
If the price cannot be supported at 3130, then there is a chance for the price to head towards 3080 support again.
Key events to note will be Singapore banks earnings coming soon.
Watch $DBS (D05.SG)$ $UOB (U11.SG)$ $OCBC Bank (O39.SG)$
My interview at LianHe Zaobao talked about Singapor...
today marks the fifth opening dip, overnight futures price have met 2020’s lows.
is that indicative of a further drop into the month.
we shall see if a rebound is due by 26-oct or earlier.
$STI 7xShortSG250529 (CZGW.SG)$
congrats to the shortists, it must be a wonderful week for them, i’m so jealous
- signing out
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