SGX - TA wise, bearish mode. She may go down to test 20.55. If unable to hold we may see further weakness ahead.
Next, She may test 20 than 18.70. Pls dyodd.
2nd October 2026:
SGX - It looks like the market doesn't like the latest development, price tank this morning to touch 21.50, looks like more weakness ahead!
She had broken down below 20,50,100 Days Moving Average likely to go down to revisit 21.00 , 200 days Moving Average. If unable to reclaim 21.00, she may go further downward to 20.00 and below. Yield is low about 2%. Must well get something else better like SSB or other dividend counter like SingTel, Sembcorp Ind, Venture etc.
Not a call to buy or sell. Pls dyodd.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- CyrilDavy·10-14 16:23TOP21.00 has been solid support before, so this morning's 21.50 touch feels more like a fake breakdown. A 2% yield isn't sexy, but the cash flow still matters hereLikeReport
- AmyMacaulay·10-14 16:23TOP2% yield is the bigger problem here. SGX was never really a yield play, so once the chart rolls over it gets hard to defendLikeReport
- icycrystal·10-14 16:47TOPthanks for sharing2Report