Market Technician

Disclaimer: The following is the purpose of education and do not constitute as any form of financial advisory. And readers are encouraged to verify all information as the posting contributors do not warrant the accuracy of the information provided. OCBC E: S$10.28 S: S$10.21 T: S$10.48 Remarks: Price is resting on major support, 200 DMA with MACD Bullish divergence observed.    

Disclaimer: The following is the purpose of education and do not constitute as any form of financial advisory. And readers are encouraged to verify all information as the posting contributors do not warrant the accuracy of the information provided. Technical Trade GuocoLeisure E: S$1.005 S: S$0.975 T: S$1.10 Remarks: Price breakout from Ascending Triangle pattern with strong volume.  

Disclaimer: The following is the purpose of education and do not constitute as any form of financial advisory. And readers are encouraged to verify all information as the posting contributors do not warrant the accuracy of the information provided. Technical Trade Keppel Corp E: S$8.87 S: S$8.77 T: S$9.19 Remarks: Price breakout above 20Days Mov Avg with strong volume. MACD bullish crossed over observed. Thus, likely to see short-mid term bullish rebound.  

Disclaimer: The following is the purpose of education and do not constitute as any form of financial advisory. And readers are encouraged to verify all information as the posting contributors do not warrant the accuracy of the information provided. M1 E: S$3.38 S: S$3.17 T: S$3.54 Remarks: Price breakout from range with strong volume. If momentum continues, the next target is S$3.80

Disclaimer: The following is the purpose of education and do not constitute as any form of financial advisory. And readers are encouraged to verify all information as the posting contributors do not warrant the accuracy of the information provided. M1 E: S$3.20 S: S$3.13 T: S$3.49 Remarks: Price's downward trend may come to a halt as support zone approaches with 200 DMA coming up . RSI, a momentum indicator has indicated the price is in Oversold region. If entry at S$3.20, including special dividend, the dividend yield is 6.5% (using Share Price of S$3.20 and 2014 total dividend of S$0.212).

The following is the purpose of education and do not constitute as any form of financial advisory. SIA E: S$11.64 S: S$11.99 T: S$11.49 Remarks: Price action suggest a short term reversal with Bullish Piercing Candlestick pattern. Stochastics, a momentum indicator has indicated the price is in Oversold region.

The following is the purpose of education and do not constitute as any form of financial advisory. M1 E: S$3.64 S: S$3.44 T: S$3.47 Remarks: Price action suggest a short term reversal with Bullish Harami. Momentum has also reversed with ROC (10) diverging and MACD possible bullish cross-cross observed.