Just sharing the TA overview of some SG Tech Stocks. I see mostly in their respective bigger downtrends still (Not to spread fear btw, vested and stuck in one of the counters). Cheers

$AEM(AWX.SI) Still in a bigger long term downtrend channel. Broke down from my first uptrend channel in green. See whether it will stay within the orange uptrend channel. 


$Hi-P(H17.SI) Similarly still in a bigger long term downtrend channel. See whether it will stay within the lower green uptrend channel. 


$Valuetronics(BN2.SI) Now at mid point of downtrend channel.


$UMS(558.SI) Looks strong from Dec'18 but still in a bigger downtrend channel. Not out of the woods cause it tested the resistance line many times to no avail. Corrected to 38.2% mark before rebounding to 23.6% mark. Should be heading lower unless upcoming ER is a miracle. lol.

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TiKongKia88

AWX updates. Descending broadening wedge spotted. For the risky takers, can try longing it now.

Looking at these 4 sg tech counters, I will say short term bullish. Bull MACD/RSI div for 558/AWX while MACD bull div for H17/BN2. :)

LFO

Reply to @TiKongKia88 : Both had company buybacks on Thursday.

TiKongKia88

558 updates. Currently around the 161.8% from the first drop, so happens to be around previous support zone. Potential rebound/reversal happening soon.

TiKongKia88

BN2 updates. Now traversing within a pink downtrend channel support line. Might see it going for pink resistance line.

Spinning_Top

Reply to @TiKongKia88 : Thanks for sharing

TiKongKia88

H17 updates. latest rebounded from the uptrend support line.

muhdhazman

All look very similar in patterns...

TiKongKia88

Reply to @muhdhazman : same artist ma. xD


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Hi Guys,Here's the TA update from my last SG tech stocks post (https://www.investingnote.com/posts/1694839) 2 weeks ago. Enjoy! Quick Summary: Lots of optimism and bullish movement cause their respective ER seems to indicate the bottom of the semicon down cycle and supports the 2020 idea being recovery year for semicon.  Have to consider if the market is pricing ahead of the cycle though. Still unsure and can't put a finger it today's push is W5 or still part of W3 for some counters. You may refer to the individual TA for detailed analysis. 


$AEM(AWX.SI) Broke out of the mini uptrend channel after a minor correction to the purple zone, and now on it's way to challenge new highs. Observed RSI Bear Div a few days ago which saw the minor correction to 1.70. Still deciding if the high before that correction is end of W3 or the push now is still part of W3. In any case, since got so many supporters, I have indicated the mega uptrend channel for your reference. Could break 2.00. 



$Hi-P(H17.SI) This champion finally broke out of between the green and orange zone range. Currently I can see it following a STEEP parallel channel up albeit being at the top half of that steep channel now. Managed to find its way back to the green uptrend channel as well. Hopefully it can approach the red supply zone at 1.76-1.88. 



$UMS(558.SI) My favorite for EW and I actually use this favorite as a barometer for the SG tech sector movement. For the blue uptrend 5-Waves, W2 did a deep correction (>50%), W3 did a 300% extension of W1 and W4 did a flat correction (<50%). I have indicated the respective Fibo targets for W5 fyr. 


$Valuetronics(BN2.SI) This champion finally broke out of its repeat and also the downtrend (obviously after a good ER). So I guess now can look out for the respective supply zones. Currently in one supply zone so one has to monitor. Should it break above this supply zone, I have indicated the next supply zone around 0.850 mark.CheersTKK

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Hi Guys,

It has been about 6 months since I last shared my TA on SG tech stock so perhaps it's time to share again! haha

Quick Summary: Next trading day (04/11/19) should be exciting since AEM last ER (01/11/19) is quite positive. One might see bullish movements across the SG tech sector. On the other hand, I see limited upside in the short term from my TA perspective. SG tech counters have already made a good rally in Oct'19 and they are at their respective supply zones and resistances. You may refer to the respective TA below.


$AEM(AWX.SI). Currently testing resistance of uptrend channel, it made a small correction to the demand zone (orange) zone when it first hit the resistance and now it's back testing it again. 

$Hi-P(H17.SI) Price was rejected from the supply zone before the ER as it was simultaneously testing the uptrend-support-turned-resistance. Currently still hovering at near the supply zone/resistance. Last rally could be W3 though. 

$UMS(558.SI) Completed a 5-Waves downtrend and possibly a 5-Waves uptrend. At the moment I see last rally as W3 which should nicely end at the supply zone in red or the 261.8% extension of W1. Prolly W4 will take some time till Pre Xmas and period and then we should see a W5 pump upwards. ER should be latest 14th Nov. 

$Valuetronics(BN2.SI) I guess this champion would be the most predictable of all if you have seen its ranged pattern. As seen from the TA, price would enter the green zone before going up to the red zone and etc etc. Recently rejected by the supply zone and resistance. Will this time be different? Hah

A little bonus (Non SG Tech Stock)

$ComfortDelGro(C52.SI) Taxi should be consolidating in current range for a few days before continuing the uptrend. At least the RRR still acceptable from my pov. Made an estimation on the TP and holding period at https://www.investingnote.com/posts/1688400

Cheers
TKK

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Expiry:
Target Price
$0.69
(-6.76%)
NOW:

$UMS(558.SI) Hopeful after TSMC's ER, broke the 70cts mark, people suddenly popping bull estimates but my TA says correction is due. Assuming today marks the end of W3, we should see W4 in the making.

Estimate target is just a level I would consider entering again. Cheers.

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Expiry:
Target Price
$0.705
(+16.53%)
NOW:

$UMS(558.SI) Declining manufacturing and NODX data, people shouting/fearful of recession but my TA says short term uptrend. Assuming last up was W1, and today marks end of W2, we should see W3. If price goes below 0.565 then my TA is annulled. 

Since our grandfather of all TA chart @opy asked for chart, I will just leave it here in case it's lost in the comments. Please take note Blue (4) & (5) are placed ARBITRARILY. I need Blue (3) to end before knowing where (4) to end and (4) to end before knowing where (5) end. Cheers


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Hi Guys,

In case some of you like to have high tea, can yum seng with the 难兄s.

$Valuetronics(BN2.SI) 

$UMS(558.SI)

*For entertainment only*

Cheers

TKK

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