Saturday, September 21st, 2024

Author: Minichart

Technical analysis

Triple Top and Triple Bottom chart pattern:

Minichart
September 21, 2024

The Triple Top and Triple Bottom patterns are powerful reversal patterns in technical analysis. They indicate that a current trend (either upward or downward) is losing strength and that the price may soon reverse...

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Technical analysis

Double Top and Double Bottom chart pattern

Minichart
September 21, 2024

The Double Top and Double Bottom chart patterns are powerful and reliable reversal patterns used in technical analysis. These patterns signal a potential shift in market direction and are widely used by traders to...

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Bursa KLSE stocksMarket Updates

CLMT is projected to achieve a 3-year earnings per unit (EPU) CAGR of 8.2% over FY23-26

Minichart
September 20, 2024

CapitaLand Malaysia Trust (CLMT) – 3QFY24 Report Summary CapitaLand Malaysia Trust (CLMT) is positioned for steady growth, leveraging the strong performance of its key retail and industrial assets. Below is a detailed overview based...

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Hong Kong stocksMarket Updates

CATL’s performance during 1H24 was marked by significant growth metrics despite some macroeconomic pressures across the automotive sector

Minichart
September 20, 2024

CATL (Contemporary Amperex Technology Co., Ltd.), one of China’s leading battery manufacturers, experienced a robust performance during the first half of 2024, positioning itself as one of the top picks in the automotive sector....

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Bursa KLSE stocksMarket Updates

Eco World Development Bhd forward price-to-earnings (PE) ratio of 16-20x for FY24-FY26, which is lower than its 10-year average of 32x.

Minichart
September 20, 2024

Eco World Development Bhd (ECW) has delivered a strong performance in 3QFY24, surpassing expectations with a core net profit of RM89.2 million, reflecting a 24% quarter-on-quarter (qoq) and 34% year-on-year (yoy) increase. This was...

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Market Updatesstock of the day

Lion OCBC Securities Hang Seng TECH ETF (HST) has recently broken above a key resistance level

Minichart
September 19, 2024

The Lion OCBC Securities Hang Seng TECH ETF (HST) has recently broken above a key resistance level, a price point that historically acts as a ceiling where traders tend to sell. This breakout suggests...

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Market UpdatesSingapore SGX stocks

Overview of the 50 bp Rate Cut:

Minichart
September 19, 2024

Overview of the 50 bp Rate Cut: The 50 bp rate cut announced recently was in line with market expectations. Following this announcement, U.S. investors reacted by “Selling The Rate Cut News,” which led...

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Singapore SGX stocksstock of the day

Daiwa House Logistics Trust

Minichart
September 19, 2024

Daiwa House Logistics Trust Daiwa House Logistics Trust (DHLT) recently made a presentation to investors, highlighting the performance of its portfolio. Here are some key points: Portfolio Performance: The average exchange rate of JPY...

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Market UpdatesSingapore SGX stocks

Companies such as Seatrium are well-positioned

Minichart
September 19, 2024

The offshore marine sector remains strong and resilient despite current fluctuations in oil prices. This is particularly evident in Singapore’s industry, where companies such as Seatrium are well-positioned. Market Sentiment and Performance Despite oil...

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Hong Kong stocksMarket Updates

We prefer Anta, Galaxy, Haidilao, Haier, Midea and Miniso.

Minichart
September 19, 2024

Consumer Sector – China/Hong Kong Market Overview 1. Mid-Autumn Festival Boosts Tourism and Consumption Tourism: The three-day Mid-Autumn Festival holiday from September 15-17, 2024, saw a significant recovery in domestic tourism. This holiday marked...

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