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New or existing traders or investors who like to refresh your technical applications, do join us at our regular Effective Technical Analysis class on this Thursday.

Effective Technical Analysis and Market Forecasting Class
Date: Thu, 21 Feb 19
Time: 07:00 PM - 10:00 PM
Venue: SGX Centre, Academy Room 1 (2 Shenton Way)

Click on the link below for more details.
https://www.sgxacademy.com/event/effective-technical-analysis-and-market-forecasting/
 

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DBS Group Holdings (D05): Upward Move Expectations

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BYD Co (1211:HK) Witnessing Signs of Strength

BYD Co (1211:HK) Witnessing Signs of Strength On Friday, we observed strong buying within a wide trading range, with the stock closing near the day’s high and good volume recorded. The previous two days of selling showed relatively low volume, indicating potential supply exhaustion. The stock price is currently at a key resistance level, constrained by a downward trendline and a horizontal support-turned-resistance line. A breakout above this level could signal a potential trend reversal , with an initial technical price target of HK$300.00. The stock is outperforming the broader market, indicating strong market demand, as evidenced by our proprietary Relative Strength Indicator (RSI), which is above zero. Additionally, the volume momentum indicator (FFI) is improving, further supporting the possibility of supply exhaustion. The Stochastic indicator also continues to trend higher, reinforcing a bullish outlook. A stop-loss price is set below HK$248.40 . If the price falls below this l...
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Week Ahead: Trump Trade and the Resilient US Economy

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