ItryInvestin
ItryInvestin
C’est La Vie ❤️
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avatarItryInvestin
2023-12-27

Technical Analysis for the week!

$DBS GROUP HOLDINGS LTD(D05.SI)$  I have repeatedly mentioned in previous posts that my sentiment in DBS remains bullish unless it falls below $30.50 (which it didn't), some even commented on my post that I was in denial. But as my trading rule - NEVER ever listen to anyone on this discussion page, and trust my own trading plan. So glad to see DBS finally taking off. DBS is a blue chip stock in SG. Blue chip stocks are stocks of dependable, profitable companies that have stood the test of time. Investing in high-quality blue chip companies can be a way to strengthen your stock portfolio. According to DBS Group's latest financial reports the company's total assets are $545.14 B And has been growing ever since 2008!
Technical Analysis for the week!
avatarItryInvestin
2024-01-26

SG banks to fly before earnings 🥳

$UNITED OVERSEAS BANK LIMITED(U11.SI)$   Technical analysis weekly update! UOB did a double bottom across the past two weeks and finally broke the downtrend line today, with strong volume. Earnings due in 1 month's time 22 Feb. My target price would be $28.8-28.9 (Previous swing high price).  UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. It is unlikely that UOB will fall, neither would SG government allow this to happen.  DYODD. Investing is a long term game. Patience is always key. Similarly,&nbs
SG banks to fly before earnings 🥳
avatarItryInvestin
2023-11-28
$DBS GROUP HOLDINGS LTD(D05.SI)$  Personal TA to share because I am seeing comments that DBS stock might drop below 30, and in honest opinion, I believe it wouldn't. And such comments may affect sentiments among new investors. The recent fall in DBS stocks could be due to myraid of reasons: bank scams, app failures, DBS being suspended for further ventures. However it has come to a price where it is OVERSOLD. From my analysis, DBS is unlikely to fall below 30.50 from a trendline drawn all the way from June'22. In fact, it has been making higher lows. Price at 31.60 was a previous resistance and could serve as a support right now and bounce off from here. DBS is a major stock in SG and it is unlikely for this stock
avatarItryInvestin
2023-12-23

Summing Up 2023 Trading Lessons

Concluding my trades for 2023 with some lessons learnt here. I only started trading actively at the start of November, after gaining some confidence from newly added investment knowledge. It hasn’t been an easy journey, with multiple ups and down in my portfolio and having to control my emotions. WILD RIDE I would say. Lesson 1: Never trade against the market My biggest loss goes to $CrowdStrike Holdings, Inc.(CRWD)$ , I tried to short the stock when I saw the RSI indicator in the overbought region for days, despite knowing that the market is in a very bullish sentiment. Going against the market made me face my stop loss, and I have unwillingly accept how wrong I was. The overall market sentiment is important and allows you know which direct
Summing Up 2023 Trading Lessons
avatarItryInvestin
2023-11-06
$Raffles Medical(BSL.SI)$ Bearish. Y-o-y earnings dropped more than 50%. With lesser profits from covid activities, Raffles Medical might need a few years before hospitals in China & recent venture into Vietnam turns profitable. Better off buying blue chip stocks like DBS, UOB if you are only in SG market. Ofc, DOYDD When buying. 
avatarItryInvestin
2024-01-05

Venture to the 🌙🔥🔥

SG Technical Analysis For the week. $Venture(V03.SI)$  Bullish!  Venture is a global provider of technology products and solutions. It is best known for its superior capabilities in Original Design Manufacturing (ODM) and providing high-mix, high-value, and complex manufacturing. (reference: DBS)  With the recent interests in AI and advancement in technology, it is likely that a company who works globally will gain traction.  TA wise, Venture has broken out of my downtrend line with a good volume. Wick above candle shows buying interests, and candle closing green shows buyers gaining control.  On daily chart, what comes down fast in a straight line will likely go back up in s straight line too. 🔥🔥🔥  DYODD. 
Venture to the 🌙🔥🔥
avatarItryInvestin
2023-07-25
$Alibaba(BABA)$ Often known as the "amazon of China" and with current reforms, I do foresee an increase in stock prices (Not sure how long it would take, but the 4% boost on Monday signals a movement). Noting many analysts are in good agreement that stock price will increase, with target price around $130-133.  May everyone huat and earn :) Not an advice to buy and please buy only at your own discretion, aftrall china stocks have been very volatile the past two years and it is not for the faint hearted!  Lessons I learnt in investment the past two years: 1. Investment is never about timing the market but being in the market 2. Know your risk appetite VERY WELL. If you are going to be constantly openin
avatarItryInvestin
2023-12-07
$DBS GROUP HOLDINGS LTD(D05.SI)$  Feeling panicky at the drop? Then read this over and over again. "Leave your emotions at the door before you enter the investment room" Know your trading plans, accumulate them slowly.  I'm still a fond believer of TA even though SG stocks do not really follow them as much as US stocks do.  Nevertheless, I posted that I DO NOT believe DBS will drop below 30.50, and I still stand on them.  DBS had rise a whooping +10% from July-Sept. And went sideways after. It is normal for a stock to retrace when it went up so much in a short period of time.  DBS is currently down -8% from previous high. I will only change my view if DBS breaks below 30.50, only then I wil
avatarItryInvestin
2024-01-17

Technical Analysis For SG Banks!

Hi guys! An UPDATE that some of you might be waiting for!! As previously posted on 3rd Jan, DBS flew too much 🔥 (picked post) And I have since taken profit and was waiting for it to come back down which it did. However, I believe $DBS GROUP HOLDINGS LTD(D05.SI)$ might still be on a downward trend to $31.8 which I might reconsider my entry again from there. Bearish Next Up $UNITED OVERSEAS BANK LIMITED(U11.SI)$   UOB had been behaving wildly, with no specific reason for its huge drop previously. but finally it is making improvements and waking itself up. Was intending to enter today, seeing a potential golden cross but missed my entry At
Technical Analysis For SG Banks!
avatarItryInvestin
2024-02-15
$DBS GROUP HOLDINGS LTD(D05.SI)$  Took profit and l shall wait for my next entry 🤣 

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