| Latest Forum Topics / Raffles Medical Last:0.945 -- |
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Quality Gem
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gslgsl
Senior |
30-Oct-2021 16:02
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Do you know in Singapore now every 3368 people will get Covid-19 per 100,000 population and 7 will die. This data came from CNN. Thailand 2733 per 100K population Philipines 2571 per 100K population India 2507 per 100K population Indonesia 1568 per 100K population Japan 1365 per 100K population Vietnam 944 per 100K population Myanmar 923 per 100K population South Korea 701 per 100K population Australia 668 per 100K population New Zealand 128 per 100K population Copy link below and paste for more countries: https://edition.cnn.com/interactive/2020/health/coronavirus-maps-and-cases/ |
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TikTalk
Supreme |
30-Oct-2021 10:53
Yells: "Anyone miss me?" |
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Raffles Medical : Weekly Chart Identifying a change in trend using highs and lows of a stock price action. From bullish to bearish - Lower High From bearish to bullish - Higher low TA is of course using historical price behaviour/patterns to forecast future price movement. And the funny thing is also a same chart can be view in many different ways or differing views.  Today I am attempting to share a forward anticipation approach in TA using Raffles Medical chart. Looking at the top left you will notice on two occassions RM failed to make new high as indicated by the blue arrows. It also tell me that it wasnt able to sustain $1.34(horiontal line) and a eventual breakdown below 1.34 lead to further weakness toward the next horizontal line at 1.11 level and even went lower on another subsequent incident. With the above background we look into today RM price chart and try to anticipate what this stock should be doing to continue its uptrend and what we wanna to see for a change in trend. For its trend to continue we will want to see a higher high than its recent HIGH labelled in the chart. In the coming weeks/months if RM fail to make new high and instead register a lower high, see ? on the top right chart, follow by a break down below 1.34 then it is likely a top has been formed for this stock. If one doesnt want to wait for this breaking down confirmation, one can observe its price action of the rebound from current level if its strong or does it meet with strong resistance. A level of interest to me to look at is around the 1.50 area. One can also look at the hourly chart at that point in time for any possible earlier signal of weakness in it price. With the above I hope it can better prepare one who are vested in RM to observe its future price movement and make the right decision there and then. All the bre@st 
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y2jchris
Veteran |
27-Oct-2021 17:37
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Disclaimer: Royston Yang owns shares of Raffles Medical Group. https://sg.yahoo.com/finance/news/raffles-medical-crashed-10-two-233000735.html nb lol |
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y2jchris
Veteran |
27-Oct-2021 14:06
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think this is dumb then pump liao just look at the reversal.
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JessTrang
Veteran |
25-Oct-2021 21:52
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Really? Any link can share?
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Observers
Elite |
25-Oct-2021 17:38
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My anyhow guess is maybe govt " borrowed" some assets from RM to combat covid surge so near to medium term cannot be used to generate high margin business? | ||||
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shk363
Elite |
25-Oct-2021 17:07
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dragged down by the education business | ||||
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ysh2006
Supreme |
25-Oct-2021 15:44
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Why DBS anyhow give target without double checking govt policy ?..or this airport checking not so important to RM business a very small part of it ,waiting for more foreigners coming for treatment ?
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subaru
Senior |
25-Oct-2021 15:36
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when is Q3 result reporting? | ||||
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vogriphach
Member |
25-Oct-2021 13:32
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Might be due to the announcement over the weekend that arriving passengers no longer have to take the PCR test at the airport.
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y2jchris
Veteran |
25-Oct-2021 13:29
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dump and pump? ya like how to explain 10 odd million trade?
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subaru
Senior |
25-Oct-2021 09:25
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any news that caused price decline? | ||||
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y2jchris
Veteran |
21-Oct-2021 14:21
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If really hit 1.81 is really ggwp huat. My biggest holding so far
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enthufil
Member |
15-Oct-2021 09:33
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Fingers Crossed!
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y2jchris
Veteran |
30-Sep-2021 11:08
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Is some insider news coming? Cannot be out of nowhere 7m worth traded within 2 hours.
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temp123
Senior |
30-Sep-2021 10:36
Yells: "." |
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This time still don' t break 1.5 will be a double top. | ||||
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y2jchris
Veteran |
30-Sep-2021 09:21
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1.5 coming? less than 15 min. 3m worth of shares exchanged
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lausk22
Veteran |
25-Sep-2021 13:36
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Wah, then why you pay for RI services.
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ysh2006
Supreme |
25-Sep-2021 08:36
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Zaobao charting today said RM still need to go down a bit $1.27 before able to up again ?....Covid 19 patients quarantine at home not hospitals maybe affect their business ?
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y2jchris
Veteran |
23-Sep-2021 10:00
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really ah $500 just consultation ah 1.45 coming?
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