Plays for 14th Aug

I’m looking at the same 3 counters, UOB, DBS and Yanlord, with one new addition, Jaya Holdings.

Long side biases on all.

The banks aren’t leading this rally that is trying to get started..if they did, the STI would probably hit 2700 today! haha

If STI wants to reach 2700, I believe they’re gonna need the banks to move up as well.

UOB triggered today already, look out for high of last candle, tho it’s not a full body candle as what I would have liked.

Jaya is a very peculiar chart, looks like a flagpole and right now is where the flag is being formed.

DBS is an NR7, as well as a 3-5 drop bar setup. Looks like a pretty good long setup, even tho the CCIs aren’t ideal. The only thing which worries me is the volume, it rose on retracement instead of falling. But we’re seeing a lot of supernatural strength in various parts of the markests right now.
So yep, I’m a little more upward biased.
I wouldn’t be surprised if banks want to have a go as well.
Could be in either direction, I’ll be watching 12.56 for the downside and 12.84 to the upside,
Note the ATR to choose a decent target profit price.

Plays for 13th Aug

UOB and DBS are actually the top 2 picks.

UOB triggered the 3-5 drop bar setup 2 days ago. So far stops not hit so the trade is still valid, looks to be good till about 17.60 again profits and run, try not to hold over the weekend.
Daily ATR is about 47c from Open price

DBS looks like it might form a doji tmr or something, so take profits quick and run
Daily ATR is about 36c from Open price

Yanlord
In 3rd place but it’s nicely charted.
consecutive Inside Bars.
direction unknown, favouring the upside just cos the up trend has been very strong. Usually trends don’t disappear overnight.

Charts up tmr!