$ThaiBev(Y92.SI)$ Thai Beverage (Y92) daily chart - bullish divergence - trend resist breakout with good volume 1st TP along $0.525 or even $0.545 if volume stays strong
$Frasers Cpt Tr(J69U.SI)$ Weekly Chart [$2.05] present a 5 year weekly chart, highlighting past occurrence of RSI dipping below 40 1. week of 9/3/20 , the first dump, extraordinary deep ended sharp rebound 2. week of 26/10/20 , sharp dip of 10% ended quick rebound 3. week of 10/5/21 , dip of 4.6% ended quick rebound 4. week of 27/9/21 , minor dip of 1.3% ended quick rebound 5. week of 26/9/22 , dip of 4.4% , went 37 cents lower from High of first dip candle 6. week of 2/10/23 , dip of 5.9% and ongoing Latest scenario is more similar to occurrence 5, RSI retest below 40 after a minor rebound, estimating an equivalent 37 cents drop from High ($2.19) of first dip candle S1 - $1.82 | R1 - $2.13 | R2 - $2.26
$Tesla Motors(TSLA)$ Tesla (TSLA) daily chart [$220.11] a simple view based on price action & RSI indicator - since Apr, 3x big gap down action, all -9% plus - 2 of them, RSI dip below 40, 1 of them breaks RSI trend support Best scenario - price bottom along lower channel support Worst scenario - perhaps $160
$ARM Holdings Ltd(ARM)$ Decided to trade with 15min intraday chart 1. spotted the bullish divergence 2. queue and waited price near open price of Green candle (vertical line) 3. set TP/SL alert, finally sold off at $51.80 not a big wining but at least a good start[Grin] bullish divergence can be very fruitful, but take into more consideration like 1. bullish candle ? 2. increasing volume ? 3. crossing above 20 period MA ? and lastly, have a stop loss in mind. @TigerStars @CaptainTiger @MillionaireTiger
$CHINA UNICOM(00762)$ Weekly Chart [$5.82] - potential Hugh Cup-with-Handle bottom - ultimate resist along $6.50 last week gain of 8.3% on improved volume may initiate further upside back along nackline $6.50 Ri - $6.50 | R2 $7.30S1 - $5.30 If you like the above analysis, kindly reply and like[Victory] @TigerStars @CaptainTiger
$CHINA MOBILE(00941)$ Weekly Chart [$67.25] - ultimate resist $59 cleared - peaked along $70 since Apr 2023 - last week moving back above 20 MA looks positive estimate a new 52 weeks High or even along upper channel as shown (abt $78) if good volume supported (weekly volume >100million shares) R1 - $70.00 | R2 - $78.00 S1 - $63.00 If you like the above analysis, kindly reply and like[Victory] @TigerStars @CaptainTiger
$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$ Where the stock stands at based on daily RSI? Daily RSI just broke trend support as shown, a similar situation back in Dec 2022 suggesting stock could have been peaked along recent high of $1.79 Two possible scenarios: 1. quick decline which is rather unlikely given that both 20 & 50 MA are trending upwards without losing much momentum 2. a delayed decline similar to what happens in last occurrence. Share price could possibly range-bound in narrow range with continued decline in trading volume and ended with a dive S1: $1.50 | S2: $1.39R1: $1.79
$Zoom(ZM)$ Zoom Daily Chart [$66.29] - downtrend resist line drawn from way back Nov 2022 - flat resist formed along $74 - no excitement in UP volume (green bars) + price below 20 MA, Conclude: range-bound towards bearish bias R1 - $74 R2 - $84 S1 - $65 If you like the above analysis, kindly reply and like[Victory] @TigerStars @CaptainTiger