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spore1
Supreme |
17-Sep-2024 20:46
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If tomorrow 3.03 can lock in some profit! Don't know what will happen after Fed announcement!
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wavehunter
Supreme |
17-Sep-2024 12:44
Yells: "Trade what you see, not what you hope to see." |
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$3.00 being a round number is a psychological resistance. TA-wise, an area of resistance is present at $3.03 to $3.06 region. In view of FOMC Meeting tomorrow, there is more reason to be bullish and optimistic than to be bearish and pessimistic. Will we see a deep pullback after 3.00 is reached? This will depend on how many short term players there are happy to take profits at 3.00. If you are looking to buy, you will want to hope for a large pool of short term players so that they can depress the price for you to enter lower. But in view of FOMC Meeting tomorrow but we will know only after market close tomorrow and our market will react only on Thu mornng, I wont be surprised if even short term players looking to sell will skip 3.00 to wait for 3.03 to 3.06 to get off the boat with their haul of eggs.  If you are looking to jump OUT first and then jump back IN after the pullback has come and gone, do prepare yourself mentally to buyback higher if your timing is off. Or risk missing the boat. And if you prefer to invest the care-free way, just relax and stay on the boat to watch the show. Because 3.03 to 3.06 is certainly not the last port of call. Not in my humble view. Take a seat at this table if you want more upside. . |
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spore1
Supreme |
17-Sep-2024 12:30
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Hot 2.99, anytime breakout 3.00.
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hokpin
Elite |
17-Sep-2024 10:56
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Feel resistance to enter at this price level again. But one day when it comes to 3 series, will ' ang chui' why did not enter 298, 299...
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wavehunter
Supreme |
17-Sep-2024 10:43
Yells: "Trade what you see, not what you hope to see." |
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It was only last Monday that I said this.... |
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hokpin
Elite |
17-Sep-2024 10:37
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The 2 Bros, Ascendas and Capitaland Investment are same price level now! | ||
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wavehunter
Supreme |
17-Sep-2024 10:20
Yells: "Trade what you see, not what you hope to see." |
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Some of you who have been reading and following the discussion here on Ascendas but did not buy may be wondering whether still can buy. And some of you who sold and havent bought back yet and looking to buy may be wondering the same thing. I will answer your doubts not by telling you what you should do but by telling you what I will do if I am looking to buy or looking to buyback. Firstly, I would have already bought some when she was doing the ding-dong at 2.89 to 2.93. Back then, there were lots of opportunities to buy at 2.90/2.91.  Now that she has convincingly broken through the resistance at 2.93, I will add more positions at whatever best prices I can get today. The reason why I am still willing to buy today is because she still has lots of upside to offer. She is not going to stop at 3.00. Or 3.05. Fed is going to cut interest rate tomorrow and again for at least one time if not two in Nov and Dec. There is no FOMC Meeting in Oct, And Fed is going to cut interest rate for the whole of 2025. 2025 is going to be an UP year for Ascendas and other good REITs. So how can it be that this rally will come to an end at 3.05 ??? That' s why for myself, I will still buy at whatever best prices I can get.  But that' s me.  |
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wavehunter
Supreme |
17-Sep-2024 09:56
Yells: "Trade what you see, not what you hope to see." |
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Yes, its a feast indeed for those of us who managed to buy low low and still holding. Lots and lots of meat by now and still have lots more upside to come.
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yoga123
Master |
17-Sep-2024 09:53
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Room Service aunty waved at me from Room 298 while I was doing my yoga at Room 291  😊
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wavehunter
Supreme |
17-Sep-2024 09:43
Yells: "Trade what you see, not what you hope to see." |
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sanvan
Member |
17-Sep-2024 09:30
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Ascendas hit 2.95 just now. Before Chairman Powell is to speak on 18 September 2024. . Well done. What' s in store? Room 300 is in sight.  tomorrow is another trading day before the Fed announces its policy pivot.  Will reach 300?. Watch and see.  Wish it luck.  |
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hokpin
Elite |
17-Sep-2024 09:14
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赏 心 悦 目 , 已 经 越 过 我 所 有 的 楼 层 , 我 的 房 间 了 ! | ||
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ssw518
Elite |
16-Sep-2024 22:23
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5 takeaways on the potential risks and rewards in global equities (businesstimes.com.sg) | ||
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wavehunter
Supreme |
16-Sep-2024 21:14
Yells: "Trade what you see, not what you hope to see." |
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One thing about buying Gold to hold for longer term is..........................................you dont receive dividends.  If your timing is off and you are stuck, your capital gets stuck too and you lose interest and opportunity costs. |
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MrBear12
Supreme |
16-Sep-2024 19:53
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From dbs viewpoint As the stock market recovers from the drop that happened earlier in August, there is one key lesson to take away: markets will always experience ups and downs. Therefore, it is wise to focus on long-term fundamentals instead of trying to predict day-to-day changes in investor sentiment. Key Points of Interest: Part of the reason for August's market decline is due to a show of weakness in the US job market. This raises the certainty that interest rates will be cut at the upcoming September Federal Open Market Committee (FOMC) meeting. With interest rates likely to start coming down from their peak, this is the last opportunity to capture the current high yields. We continue to recommend a mix of short-term (1-3 years) and long-term (7-10 years) investment-grade credit. This mix can benefit from high yields now and benefit from capital appreciation when rates decline. As seen from the fast recovery in markets, corporate fundamentals remain strong, and we remain optimistic on Big Tech and artificial intelligence (AI). We also continue to recommend gold as a way to diversify, even as geopolitical risks continue. Other positives for gold include strong central bank buying and potential volatility from the November US elections. | ||
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ssw518
Elite |
16-Sep-2024 19:28
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Let' s see what changes they they have to make sgx better listing exchange compare to others. Sound like major changes coming, good or bad I dunno, but it does push market higher, news like this, usually shortist take cover first. MAS ready to make bold changes to revitalise equities market: Chee Hong Tat (businesstimes.com.sg)   |
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wavehunter
Supreme |
16-Sep-2024 17:13
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
Ascendas is ascending ....... . |
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wavehunter
Supreme |
16-Sep-2024 16:41
Yells: "Trade what you see, not what you hope to see." |
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That' s why I said if sell too early Sibeh Kang Khaw to bring yourself to buyback one. For now I dont have any issue because havent reached my SELL ZONE yet. When she is at 3.18, I will looksee. If I am still on board after that, next Pit Stop I will looksee is 3.25. Wont be so soon though.  Maybe in December. If no have, then 1st Quarter of 2025. Like I said, from here to 3.25 is not a sprint. Its a marathon. .  
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spore1
Supreme |
16-Sep-2024 15:43
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Hosey! CAR breakout ! Pathing way for 3.00 than 3.05 | ||
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wavehunter
Supreme |
16-Sep-2024 13:35
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
Enjoy your flight.    .
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