Keppel Corp – Page 4 – Tick Insights

CFD Trading – Jardine C&C & Keppel Corp

May 12, 2020May 12, 2020Nicholas

Jardine C & C Stock Code C07.SGX

Outlook
Price is currently at the lower edge of the cloud. Price has been capped on three occasions below the cloud, unable to move above the cloud. The cloud is also getting thicker which means that price is going to find it harder to pass through. Both Conversion and Base lines had a bullish crossover earlier, confirming the bullish trend and price is currently above both Conversion and Base lines but price is weak as it is still below the cloud. The recent candlesticks range is also getting smaller, hinting of a lost in the upward momentum. Lagging Span is above price of 26 days ago but is still far below the cloud at the moment. MACD is bearish at the moment with both its lines below the zero line.

Strategy
$20.68 Short Sell
$19.00 Price Target
$21.90 Risk Management Stop
3 weeks Trade Duration

Keppel Corp Stock Code BN4.SGX

Outlook
Price broke through the cloud recently and managed to stay above the cloud, except for a day when it dipped into the cloud. Price also moved above the recent high and closed above the recent high, which could be a good sign. Conversion and Base lines had a bullish crossover, confirming the bullish trend. Price is also above the Conversion line, the Base line and the cloud as well. Lagging Span is above price of 26 days ago but is still below the cloud at the moment. MACD is bullish with both its lines above the zero line. MACD is moving higher and is hinting of more price upsides.

Strategy
$6.06 Buy
$6.48 Price Target
$5.80 Risk Management Stop
3 weeks Trade Duration

CFD Trading 6 May 2019

May 6, 2019June 6, 2019Nicholas

Keppel Corp Stock Code BN4.SGX

Outlook

Price reached a high of $6.97 after breaking out of a Inverse Head and Shoulder chart pattern back on 2^nd of April. In the past few days, price has been declining from the high of $6.97 to current low of $6.67. We believe this decline is just a correction and the uptrend is still intact. Price is currently above the cloud and the Base line. A decline to the Base line could offer a buying opportunity. The Fibonacci 50% correction point of the rally from $6.07 to the high of $6.97 comes in at $6.52, while the Base line is at $6.55. A gap support comes in at $6.47. We think price support zone of $6.48 to $6.52 is a good area to get into the uptrend for a move to $6.97 again. MACD is still bullish and could be turning up again.

Strategy

$6.50 Buy
$6.38 Price Target
$6.97 Risk Management Stop
3 weeks Trade Duration

Wilmar International. Stock Code F34.SGX

Outlook

Price recently reached a high of $3.69 and we do not think the uptrend is over as yet. Price is likely to correct lower to Fibonacci 38% correction point of $3.48. The Base line is also at this price, which could reinforce this support area. Price is above the cloud and above the Base line, confirming the bullish trend. MACD is bullish and both MACD lines are high above the zero line, hinting of a strong bullish trend.

Strategy

$161.90 Buy
$172.20 Price Target
$156.90 Risk Management Stop
2 weeks Trade Duration

CFD Trading 3 April 2019

April 3, 2019June 6, 2019Nicholas

Keppel Corp Stock code BN4.SGX

Outlook

Price is above the cloud and both Conversion and Base lines had a bullish crossover, hinting of a bullish trend. Price has move above an important resistance at $6.39. This resistance has capped price advance in the past on 3 occasions. Price could be about to move towards the gap resistance at $6.88 if it can stay above the important resistance at $6.39. MACD has turned bullish and is rising. MACD is also trying to break above a declining trend line that connects the previous two peaks. A move above would be a confirmation of the bullish trend. The target would be the gap at $6.88

Strategy

$6.40 Buy
$6.88 Price Target
$6.19 Risk Management Stop
3 weeks Trade Duration

Sembcorp Ind Stock Code U96.SGX

Outlook

Price has moved above the cloud, and Conversion and Base lines could be about to have a positive crossover. Price has broken above a declining trendline and is trying to move about another declining trendline. A move above would be a bullish sign. MACD is about to turn bullish and is rising. MACD had a bullish divergence warning earlier, hinting of a price bottom. A move above $2.64 would target the next resistance at $2.74.

Strategy

$2.64 Buy
$2.74 Price Target
$2.58 Risk Management Stop
2 weeks Trade Duration

CFD Trading 24 January 2019

January 24, 2019June 7, 2019Nicholas

PetroChina Stock code 0857.HKE

Outlook

Price has completed its corrective rally with a bearish Engulfing candlestick pattern. The rally was also resisted at the previous price low of $5.20 which has become the key resistance point. Despite a $0.60 rally in price, the middle band in the Bollinger Band indicator did not turn up but instead move sideways. This could be a hint that the recent rally was only a corrective rally. RSI was also weak during the corrective rally. RSI was not able to move above a reading of 60. This is another indication of a corrective rally. We think price will not go above $5.20. Price is likely to test the low of $4.60 again.

Strategy

HK5.00 Short Sell
HK4.65 Price Target
HK5.21 Risk Management Stop
2 weeks Trade Duration

Keppel Corp Stock Code BN4.SGX

Outlook

Price has likely completed its rally with a high at $6.38. On the day of the high, there was a bearish reversal Shooting Star candlestick pattern. It was followed by 2 days of strong decline as seen by the 2 long red candlesticks. Price high was also near to the upper band of the Bollinger Band. Price also broke a short term rising trend line. RSI has a bearish divergence warning. RSI has also failed to move higher than a reading of 60. All these signs are pointing to a price decline to $5.95 which is the base of the price gap.

Strategy

$6.20 Short Sell
$5.90 Price Target
$6.39 Risk Management Stop
2 weeks Trade Duration