SG Stock MarketDetailed Quotes
DBYW Singtel 5xLongSG231214
- 0.217
- 0.0000.00%
10min DelayMarket Closed Dec 7 17:02 CST
0.000High0.000Low
0.000High0.000Low0Volume0.000Open0.217Pre Close0.00Turnover0.00052wk High0.00%Turnover Ratio0Shares0.00052wk Low--EPS TTM0Float Cap0.000Historical High--P/E (Static)0Shs Float0.000Historical Low--EPS LYR0.00%Amplitude--Dividend TTM--P/B100Lot Size--Div YieldTTM
We're looking at a potential buy setup for $Singtel (Z74.SG)$
And here is why:
1.) On the Daily chart, the price has been in an ascending channel since the beginning of November 2020 to date
2.) Price is now testing a key level at 2.60 where the 38.2% Fibonacci line is.
3.) There might be some potential pullback to catch the bullish momentum with a potential buy entry but if bullish momentum continu...
On the H4, with prices moving within an ascending channel and bouncing off the ichimoku indicator, we have a bullish bias that prices will rise to buy entry at 2.68 where the swing high resistance is. Once there is upside confirmation of price breaking buy entry structure, we would expect bullish momentum to carry price to take profit at 2.76 where the swing high resistance is. Alternatively, price could drop to stop ...
On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise to the buy entry at 2.68 where the swing high resistance and 61.8% fibonacci projection are. Once there is upside confirmation that price has broken entry structure, we would expect bullish momentum to carry price to take profit at 2.76 in line with swing high resistance and -61.8% fibona...
On the H4, with prices moving above the ichimoku indicator and within an ascending channel, we have a bullish bias that price will rise to buy entry at 2.58 where the pullback resistance is. Once there is upside confirmation that price has broken buy entry, I would expect bullish momentum to carry price to take profit at 2.68 in line with 78.6% fibonacci projection, 50% fibonacci retracement, 78.6% fibona...
Price has been moving in a uptrend and personally I don't think it will be turning back anytime soon either. I'm looking to get in on the continuation at 2.50 where the 38.2% Fibonacci retracement and overlap support is. Will probably hold it to 2.63 where the 127.2% Fibonacci extension and have my stop loss at 2.45 where the next overlap support and 50%...
With price expected to reverse off the resistance on the stochastics indicator, i'm looking for an entry at 2.56 where there seems to be a swing high resistance with the current consolidation. I'll play it to the ichimoku support and 61.8% Fibonacci retracement area at 2.49 and have my stop loss at 2.59 in line with the next swing high resistance.
Entry:2.56
Take Profit:2.49
Stop Loss:2.59
$Singtel 5xShortSG230713 (DKMW.SG)$ ...
I'm seeing some bullish momentum with price breaking above the last swing high and moving above the ichimoku cloud. Entry will be closer to the 23.6% Fibonacci retracement at 2.47 to 2.59 where the 78.6% Fibonacci retracement is.My stop loss would be at the 50% Fibonacci retracement at 2.4.
Entry:2.47
Take Profit:2.59
Stop Loss:2.4
$Singtel 5xShortSG230713 (DKMW.SG)$
$Singtel 5xLongSG231214 (DBYW.SG)$
With the recent trendline breakout and how price is moving below the ichimoku cloud, I'm pretty bias for a bearish move from 2.36 where the 23.6% Fibonacci retracement and horizontal overlap resistance is to 2.21 where the 127.2% Fibonacci extension area and swing low support aligns. My stop loss would be at the next swing high at 2.48 in line with the 61.8% Fibonacci retracement.
Entry:2.36
Take Profit:...
With the current downtrend of price moving within the descending trendline and price moving below the ichimoku cloud, I'm looking to short if it retraces to 2.36 where the overlap resistance is. I'll have my stop loss at the last swing high at 2.43 and my take profit at 2.25 in line with the 100% Fibonacci projection.
Entry: 2.36
Take Profit:2.43
Stop Loss: 2.25
$Singtel 5xShortSG230713 (DKMW.SG)$
$Singtel 5xLongSG231214 (DBYW.SG)$
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