Property counters – Yanlord (Z25) and Keppel Land (K17) | Technical Analysis | Singapore Stocks

Weekly AMA on Instagram - Ask me anything about trading & investing, stock picks, market analysis, etc!

As the year draws to a close with Christmas festives and new year plans, we see liquidity in the markets drying up as there is less participation from the big players. Hence, these few days I have been taking it rather easy and trading only a few hours each day. Today was a rather good trading day for me, although it was rather boring scalping range-bound markets, and I managed to make about 40+ ticks on the DAX with a 70% hitrate. As expected, the Christmas rally has started to fizzle once Christmas was over, and the market is currently in a range/bearish mode. Based on seasonality, Nov/Dec/Jan are supposed to be the stronger months, and if these months are weak, it could be a red flag for the months to come. Let’s review some property counters.

Yanlord (Z25) Daily chart
Z25 122811

This stock has been on a downtrend for more than two years, and has provided many shorting opportunities. One of my favourite counters for shorting. Currently still trading within the downtrend channel.

Keppel Land (K17) Daily chartK17 122811

After the new regulations were announced, there was a gap-down and follow-through, which provided the price catalyst to break out of the descending triangle. The pullback now provides a good opportunity to short.

“Discipline is doing what we do not want to do.”



Banner 01 Trading Foundation Workshop New to Trading? Make your first live trade today in this workshop! Meet Spencer live for 3 hours of hands-on training! No prior experience required! Learn all the basics of trading, and step-by-step guidance to make your first trade!

Daily Trading Signals Banner Updated If you're looking for the best trading opportunities every day across various markets, and don't want to spend hours doing the research yourself, check out our private Telegram channel!
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *