Thursday, 7 June 2018

Stocks trapped in Bearish Trend/Moods tend to remain weak if not driven by +ve Fresh Leads

Review of Stocks in Bearish Trend/Moods a week ago
1. SingTel  
2. HPT (US)
3. City Dev 
4. StarHub

Identify The Trend ... The Trend is your friend
Stocks trapped in bearish trend/moods may faced more selling pressure at times & when heavily OVERSOLD, tend to stage occasional Rebounds.

But the Rebounds may be Short-Lived, unless prevailing selling pressures are exhausted. Stronger Rebound or Trend Reversal may occur when driven by +ve Fresh News or changes in Stock Fundamentals.

A week back, stocks above (highlighted in 31st May Post - see below) faced Overselling Pressures 
& subsequently led to Rebounds  
- But the rebounds are short-lived, as seen in both SingTel & StarHub & bearish trend/mood resumed
- City Dev, HPH (US) also Rebounded but on Stronger momentum, driven by recent *Fresh News from market analysts  

Recent *Fresh News
... HPH (US) - "SellDown as OverBlown" by OCBC Research
... City Dev - kept "buy" by Deutsche



Typically, Stocks trapped in Bearish Trend/Moods tend to remain weak (if not driven by +ve Fresh Leads)

CHART REVIEWS of Stocks in Bearish Trend/Moods (a week ago)

1. SingTel  
2. HPT (US)
3. City Dev 
4. StarHub


Charts (7 June'18) below shown stocks that are Oversold led to Rebound subsequently but without +ve Fresh News, price weakness remained (as in SingTel & StarHub)
... City Dev, HPH (US) also Rebounded but with more upside, fuelled by recent *Fresh News from market analysts
... DAY on 31st May'18 is depicted by "Blue Box"


OverSelling led to Rebound but Short-lived, fell lower









OverSelling led to Stronger Rebound (*Fresh News)



OverSelling led to Strong Rebound (*Fresh News)

OverSelling led to Rebound but Short-Lived, fell lower





LEGEND (Short Term Trend Outlook 1-5 days): Read More >


Identify The Trend ... The Trend is your friend
Stocks trapped in Bearish Trend/Moods a week ago
1. SingTel  
2. HPT (US)
3. City Dev 
4. StarHub




Previous Post Dated 31st May'18



Identify the Bears in TOP VOLUME - June 7, Thurs

TOP ACTIVE Stocks Outlook (Short Term 1-5 dys)

Stocks in Bearish Moods/Trends (that are Oversold)
1. Ezion
2. StarHub 
... fell lower to $1.88 (-1c), after its recent Bear Rebound (1.97 High on June 4th)

Short Term Outlook (1-5 days) of Stocks trapped in Bearish Moods/Trend
Stocks trapped in Bearish Moods/Trend tend to remain Weak or Range-Bound (if not driven by +ve Fresh News)
... those that are heavily Oversold may occasionally attempt Sudden Bear Rebound 

... after Rebound, they may go Sideways or Range-Bound into Consolidation Mode
... the weaker stocks may resume its bearish trends, where Low get Lower till its Bear Trend ended
... Fresh Positive News are needed to fuel a Stronger Rebound or maybe a Trend Change


LEGEND ... Read More >


Tuesday, 5 June 2018

Identify the Bullish ? in Top Actives - June 5, Tues

TOP ACTIVE Stocks Outlook (Short Term 1-5 dys)

Stocks in Positive Moods/Trends (that are Overbought)
1, Creative
2. Sino Grandness 
3. Ifast
4. Delong

CREATIVE
...fell 7c to $6.59, from $7.00 High on Profit-Taking mid-day, having rallied too much too fast into Overbought Zone, with 1.1 mil traded @ 1.50pm.
 

Stocks that are OVERBOUGHT occasionally faced Sudden Profit-Taking or Correction if it "rallied too much too fast" followed by consolidation as earlier traders started to lock in their gains. Further upside or higher prices need to be driven by Positive News or Strong Good Fundamentals or its upside ascends can be short lived or are Not Sustainable. 

Legend ..  Read More  >


Monday, 4 June 2018

Identify the Bears in REITS - June 4, Monday

ST Index +31 pt to 3458 (mid-day) ...

REITS Outlook (Short Term 1-5 days)
... est. 60% of REITS listed in Spore reflect Range Bound prices,
... amidst weaker moods (as seen in Red Rating bar)


(1) Stocks in Bearish Moods/Trends
ESR-REIT, Far East H Trust, Ascott Residence, OUE Hospitality, EC World REIT,
ESR-REIT in Oversold zone

(2) Stocks in Positive Moods/Trends
First REIT, BHG Retail REIT




LEGEND...(short term only 1-5 dys, click here ) 

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