[19-S] AWX, 558, E28

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First of the week! Let’s review a few Singapore-listed tickers:

AEM Holdings Ltd. (SGX: AWX)

AWX is currently trending below its red resistance trendline after rejecting off the 2.618 Fib extension at 4.96 in 2021.

It's also trading within a short-term yellow ascending channel and recently rejected off the 2.07 quarterly imbalance. That being said, it managed to reclaim the 2018 prior ATH at 1.92.

Above 2.07, AWX is likely to retest the red resistance trendline. Below 2.07, it could come back into the prior ATH at 1.92.

If the levels above all fail and AWX breaks down from the ascending channel, it could retrace back into the Fib level at 1.52.

UMS Integration Limited (SGX: 558)

558 broke above its 1.20-1.26 horizontal resistance compression after 4 years.

Provided this resistance holds as support, 558 can head to the 2.618 Fib extension at 1.93 next.

However, if 558 loses this area, then it could retrace back into the 1.15 monthly level next. Note that this level is not on the chart yet as 558 is yet to form the monthly imbalance from 1.15-1.24, pending this month's candle close.

Frencken Group Limited (SGX: E28)

E28 broke out and retested its pennant consolidation, and more recently broke out of its horizontal resistance at the 1.75 Fib level.

Should E28 break above its 2022 prior ATH at 2, it can head as far as the 2.618 Fib extension sitting at 2.53.

Otherwise, it could come back into the 1.75 Fib level to retest its breakout.

If 1.75 is breached, it could come back into its yet-to-be-formed 1.43-1.59 monthly imbalance, pending this month's candle close.

@TigerWire @TigerStars @TigerEvents @CaptainTiger @MillionaireTiger

$AEM SGD(AWX.SI)$ $UMS(558.SI)$ $Frencken(E28.SI)$ $Straits Times Index(STI.SI)$ $OCBC Bank(O39.SI)$