A hammer has formed on the weekly chart, hinting at the end of the downtrend after two consecutive weeks of decline.
Next week should be constructive for STI, barring weak results from UOB and OCBC.
Next week should be constructive for STI, barring weak results from UOB and OCBC.
A Bullish Engulfing candlestick pattern is a strong bullish reversal signal that occurs when a small bearish candle is immediately followed by a larger bullish candle whose body completely engulfs the prior candle. It shows buyers overpowering sellers and often marks the end of a downtrend.
5EMA is the oxygen line break above and recovery begins

 
5EMA is the oxygen line break above and recovery begins

 
JurongW ( Date: 30-Apr-2026 16:24) Posted:
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Bro Yoga,
today was a good day to buy at 2.47.
2.5 million done at 2.47. 
Singtel closed a day high of 4.60. 
Good show.
today was a good day to buy at 2.47.
2.5 million done at 2.47. 
Singtel closed a day high of 4.60. 
Good show.
yoga123 ( Date: 30-Apr-2026 16:14) Posted:
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SingTel...
She made a new low but reversed and now trading above yesterday' s close.
This is technically known as KRD - Key Reversal Day.
But requires confirmation. 
If she trades higher and especially if she goes higher than today' s high, that' s somewhat confirmation of the KRD. 
She made a new low but reversed and now trading above yesterday' s close.
This is technically known as KRD - Key Reversal Day.
But requires confirmation. 
If she trades higher and especially if she goes higher than today' s high, that' s somewhat confirmation of the KRD. 
tml labour day holiday, might be T+3 n institutional funds selling...agak only....dyodd
sanvan ( Date: 30-Apr-2026 15:19) Posted:
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At last, a glimmer of light after the long drop

 

 
Bro sanvan,  I may buy some more Ascendas at 2.47 or 2.48 to lower my average to 2.69  (instead of 2.77).  🤔
sanvan ( Date: 30-Apr-2026 15:19) Posted:
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Bro sanvan,
I have tried that for many years.
No answer.
No conclusion.
Time & Sales may sometimes offer clues on whether someone is buying relentlessly or selling relentless.
But that' s all.
It cant tell you whether the big time buying or selling is over.
Or that more is on its way.
Or whether it is real buying as opposed to buying for shortcovering or whether it is real selling as opposed to shortselling.
I have tried that for many years.
No answer.
No conclusion.
Time & Sales may sometimes offer clues on whether someone is buying relentlessly or selling relentless.
But that' s all.
It cant tell you whether the big time buying or selling is over.
Or that more is on its way.
Or whether it is real buying as opposed to buying for shortcovering or whether it is real selling as opposed to shortselling.
sanvan ( Date: 30-Apr-2026 15:19) Posted:
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I went through the day' s time and sales for Sampan.
The only heavy selling was at 9.00:31 at 853,300 shares and at 9.01:22 at $2.48,  2.4 million shares sold down.
Thereafter no heavy selling.
Is this likely to be a forced margin call/sale? 
Do broking houses sell at opening bell when a client is unable to meet a margin call. 
If so the margin selling may have run its course. 
But, there are still 2.48 million desparate sellers/shares in the sell Q at 2.48.
I am trying to guage how much selling is going on in Sampan.
Any one has any thoughts to offer?
The only heavy selling was at 9.00:31 at 853,300 shares and at 9.01:22 at $2.48,  2.4 million shares sold down.
Thereafter no heavy selling.
Is this likely to be a forced margin call/sale? 
Do broking houses sell at opening bell when a client is unable to meet a margin call. 
If so the margin selling may have run its course. 
But, there are still 2.48 million desparate sellers/shares in the sell Q at 2.48.
I am trying to guage how much selling is going on in Sampan.
Any one has any thoughts to offer?
singtel reversal up..........
" just my view which is always wrong"
Me too Bro ssw !!!   
Welcome to the Club !!!   
Me too Bro ssw !!!   

Welcome to the Club !!!   

ssw518 ( Date: 30-Apr-2026 13:14) Posted:
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" Thanks for reading my ramble" .
Way to go, Bro sanvan Rambo !!! 
Way to go, Bro sanvan Rambo !!! 

sanvan ( Date: 30-Apr-2026 12:08) Posted:
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As for AEM, suggest don' t tourch even below 6.
unless you are confident that net profit will be near to 4x last year with intel news.
If i am not wrong, they only do testing, which will be hard to acheived that without capex injection.
Will be better but not 4x.
just my view which is always wrong, so you dyodd haha
unless you are confident that net profit will be near to 4x last year with intel news.
If i am not wrong, they only do testing, which will be hard to acheived that without capex injection.
Will be better but not 4x.
just my view which is always wrong, so you dyodd haha
oil back to 60-70? unlikely analysis all predict 80-90 for 2026, even if US Iran ceasedfire in by May
one way is to look at oil future contract, which you can see all way to early 2027 as a guide for inflation expectation.
just sharing.
one way is to look at oil future contract, which you can see all way to early 2027 as a guide for inflation expectation.
just sharing.
sanvan ( Date: 30-Apr-2026 12:08) Posted:
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The blow j (up)  may well have started. 
Only the monkey knows. Insiders would have sold AEM already. 
They know what it is worth. 
On another matter, US 10 year yield is ominous at 4.42%. Keeps going higher. 
Causing Sampan to to sink even further at 2.47: 2.48.
As usual all the good folks probably have no more or few bullets to buy. 
Hopefully it will find support at 2.45, which was the placement price. 
Smart money bought into placement at 2.45. May support it. 
To me chart shows it will reach 2.45. Happy to hear otherwise from the chartists. 
Otherwise, worse case scenario is 2.40. 
Some pain, but can tahan as long as can hold. 
Singtel also looks like will hit 4.40. 
Just a matter of time. 
How I wish the Lunatic comes to his senses. 
Most of this is his madness.
if only he makes a deal with Iran which is palatable for them.
Perhaps he should give them some aid package.
Disguised compensation in exchange for the enriched uranium. 
Then, they will hug each other. No more sanctions. Allowed to sell oil in the market. 
One Big Beautiful Deal. Pun intended.
And all will be well. Oil will be back to $60-$70 oer barrel.
Markets will cheer. Will kiss Trump. Call him a hero. De man.
And he will give us his stupid fake smile. 
Cause he has probably made more than any manipulator in history. 
And then, Soon, we will have a movie based on these events. Of course, labelled fiction.
To avoid a defamation suit. On Netflix. 
Thanks for reading my ramble.
Have a great start to the long weekend.
Only the monkey knows. Insiders would have sold AEM already. 
They know what it is worth. 
On another matter, US 10 year yield is ominous at 4.42%. Keeps going higher. 
Causing Sampan to to sink even further at 2.47: 2.48.
As usual all the good folks probably have no more or few bullets to buy. 
Hopefully it will find support at 2.45, which was the placement price. 
Smart money bought into placement at 2.45. May support it. 
To me chart shows it will reach 2.45. Happy to hear otherwise from the chartists. 
Otherwise, worse case scenario is 2.40. 
Some pain, but can tahan as long as can hold. 
Singtel also looks like will hit 4.40. 
Just a matter of time. 
How I wish the Lunatic comes to his senses. 
Most of this is his madness.
if only he makes a deal with Iran which is palatable for them.
Perhaps he should give them some aid package.
Disguised compensation in exchange for the enriched uranium. 
Then, they will hug each other. No more sanctions. Allowed to sell oil in the market. 
One Big Beautiful Deal. Pun intended.
And all will be well. Oil will be back to $60-$70 oer barrel.
Markets will cheer. Will kiss Trump. Call him a hero. De man.
And he will give us his stupid fake smile. 
Cause he has probably made more than any manipulator in history. 
And then, Soon, we will have a movie based on these events. Of course, labelled fiction.
To avoid a defamation suit. On Netflix. 
Thanks for reading my ramble.
Have a great start to the long weekend.
wavehunter ( Date: 29-Apr-2026 14:48) Posted:
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At 7.34 : 7.35 now after reaching Day High at 8.36.
That' s a pullback of $1.02 cts. OUCH !!! If you didnt sell.
The shit has hit the fan?
Just that people dunno yet or in denial or hopeful for the price to U-Turn back up to $8.36 and then higher?
Dunno.
Its fun (and safe) to just watch the horror movie from the sidelines. 
That' s a pullback of $1.02 cts. OUCH !!! If you didnt sell.
The shit has hit the fan?
Just that people dunno yet or in denial or hopeful for the price to U-Turn back up to $8.36 and then higher?
Dunno.
Its fun (and safe) to just watch the horror movie from the sidelines. 
wavehunter ( Date: 30-Apr-2026 09:34) Posted:
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Jerome Powell will step down as Chairman after his term ends but he will remain on the board as governor.
Trump said " Nobody wants him" referring to Powell.
Now I understand why there was an earlier report last 2 weeks where Trump was reported to have said if Powell
doesnt leave after his term as Fed Chair ends, Trump will fire him. I was wondering...if his term ends, ofcoz he
must and he will leave. Why need to fire him ? So now it makes sense. When his term as Fed Chair ends, he
is still on the board as governor. Trump wants him to resign from that position or Trump will fire him. The law
allows the president to remove a governor only " for cause" . This is seen largely as misconduct or incompetence
or neglect of duty. Trump is arguing that it includes differences in policy opinions. Lisa Cook, a governor went to
court to block Trump from firing her. The case is now before the US Supreme Court.
Trump said " Nobody wants him" referring to Powell.
Now I understand why there was an earlier report last 2 weeks where Trump was reported to have said if Powell
doesnt leave after his term as Fed Chair ends, Trump will fire him. I was wondering...if his term ends, ofcoz he
must and he will leave. Why need to fire him ? So now it makes sense. When his term as Fed Chair ends, he
is still on the board as governor. Trump wants him to resign from that position or Trump will fire him. The law
allows the president to remove a governor only " for cause" . This is seen largely as misconduct or incompetence
or neglect of duty. Trump is arguing that it includes differences in policy opinions. Lisa Cook, a governor went to
court to block Trump from firing her. The case is now before the US Supreme Court.
Markets have forgotten about Iran War already.
It is no longer the most important topic on CNA News.
When the war started, for 4 weeks running, updates on this war was the 1st piece of news they reported.
Now this war has been relegated to No. 3 or 4 on the list.
Oil prices are back up.
Brent at $111.
WTI at $109.
But market dont care.
Markets' focus has shifted back to fundamentals.
We wont see a New Low.
Unless we get a recession.
It is no longer the most important topic on CNA News.
When the war started, for 4 weeks running, updates on this war was the 1st piece of news they reported.
Now this war has been relegated to No. 3 or 4 on the list.
Oil prices are back up.
Brent at $111.
WTI at $109.
But market dont care.
Markets' focus has shifted back to fundamentals.
We wont see a New Low.
Unless we get a recession.
Always Excitng Moment....
The madness continues.
Day High at 8.36.
Yday' s Close was 7.72.
Opened at 7.98.
Now 7.87 : 7.89.
So if you think this madness will continue on Monday, buy at today' s closing price.
Then hope to see a gap up on Mon morn on opening followed by a quick run higher during which you must take profits.
All the best.
But if the shit hits the fan, dont hesitate. Throw back and go take a shower.
The madness continues.
Day High at 8.36.
Yday' s Close was 7.72.
Opened at 7.98.
Now 7.87 : 7.89.
So if you think this madness will continue on Monday, buy at today' s closing price.
Then hope to see a gap up on Mon morn on opening followed by a quick run higher during which you must take profits.
All the best.
But if the shit hits the fan, dont hesitate. Throw back and go take a shower.
Gosh.
US 10 yr yield hit 4.40%. 
On the eve of new Fed Chair' s apptmt.
If it rises, we are back to September 2024.
All cos of Bloody Lunatic. 
US 10 yr yield hit 4.40%. 
On the eve of new Fed Chair' s apptmt.
If it rises, we are back to September 2024.
All cos of Bloody Lunatic. 
