$CapitaLandInves(9CI.SI)$3.6 seems to be a key s/r level......it also conicides with the 38.2 retracement level.......there was a strong reaction up from this level in June........will there be a bounce up from 3.6?
$SEMBCORP INDUSTRIES LTD(U96.SI)$Looks like strong up trend......20MA above the 50MA and both slope up.......price is pulling back.......entry could be the 38.2 fib retracement level or can be timed using Stochastic (which I could not add on this platform)..........
$IFAST CORPORATION LTD.(AIY.SI)$I am basically a struggling forex scalper.......would not look at a monthly chart even if my life depended on it........but this one was technically interesting......bullish? see chart attached.....
Sincen R-squared was mentioned, I am assuming change in interest rate cannot account for all the movement in the stock market.......so it seems any news event is probably an opportunity for big players to move markets to levels they want......more impact in options market as prices may not recover before expiry......
If You're Selling Stocks Because the Fed Is Hiking Interest Rates, You May Be Suffering From “Inflation Illusion”
$COMFORTDELGRO CORPORATION LTD(C52.SI)$ price seems to be at long term s/l at around 1.33. formation of double bottom? expect price to bounce higher from 1.33. possibly 2.00 level.
Regarding Tesla AI day......automation / robotics in manufacturing is not new.......will be interesting to see what Tesla brings to the table for manufacturing automation......
Catalyst Watch: Tesla AI Day, Amazon Product Event, JetBlue Trial and Nike Earnings