All banks are revising their rates upwards. With every increase interest rate, it affects the TDSR and loan. On a side note, go repricing if you have not done so.$PROPNEX LIMITED(OYY.SI)$//@Sg:With every asset bubble must come a euphoria phase, the way i am seeing the properties are being sold at record price every other day. I Wonder how long will it last? $PROPNEX LIMITED(OYY.SI)$ //@Sg:With interest rate going higher than ever, singapore property market cannot be spared. Will it crash? Maybe no, cause govt will support. Propnex crash in revenue? Yes certainly.
@Sg:$PROPNEX LIMITED(OYY.SI)$Rising interest rate to fight rising inflation, who will win? Property can win inflation but cant win interest rate. I feel the upside is low And will open a short positio. At 1.66, stop loss at 1.89 recent high
$SEMBCORP MARINE LTD(S51.SI)$As mentioned previously 0.108 is the support, it must not break. Those who wish to play short term can stop loss near 106-107. I am personally running short position at 12x average and foresee a long term downtrend to 80-85
$SEMBCORP MARINE LTD(S51.SI)$ Hi All, if you are holders of SMM, sell your main share and subscribe to the rights at 0.08, so you straight save the abitrage amount. Good Luck. is going down real soon
$SINGAPORE EXCHANGE LIMITED(S68.SI)$day chart support broken, weekly chart shows start of downtrend. Ask yourself, easier to breakout to $12? Or easier to go to $9.60 fair price? Or can it go lower? My prediction is it will go lower and at first sign of clear reversal breaking $12, i will exit my short position.
$Tesla Motors(TSLA)$If you are a holder of teslaand have no leverage, just come back 1 month later to see. If you are on leverage convert into call option and come back 1 month later. I am with you :)
$SoFi Technologies Inc.(SOFI)$ $SOFI's price at $7.52 coincides with its 200-day moving average, which is also a key breakout point. The yellow line on the chart aligns with the $7.52 breakout level, and the MACD turning green signals a positive uptrend. From a technical standpoint, this sets up as a strong short-term trade opportunity. However, I'm holding SOFI for the long term and selling call/put options to capture implied volatility as it arises. Follow me for more insights on how I support my life as a full-time dad and part-time contractor.