Skylink    Last:0.23   -

Trading Idea / Chart Watchlist

Today 265

 

Akang datang.

 

Skylink is still unwilling to cross the resistance lines.  Well supported at 25.5 cents though.
Give it aother 3 days before the breakout to 28.5 cents. 

benlwl      ( Date: 12-May-2026 10:04) Posted: Seems it is still consolidating... Once it breaks out after 0.26-0.27, the price will soar high with more buy-ins. JurongW      ( Date: 12-May-2026 01:38) Posted: Skylink still could not breakout from the descending trendline and ascending triangle today. The silver lining is the ascending trendline serve as good support. Patiently waiting for the eventual breakout this week.

 

Seems it is still consolidating... Once it breaks out after 0.26-0.27, the price will soar high with more buy-ins.

JurongW      ( Date: 12-May-2026 01:38) Posted: Skylink still could not breakout from the descending trendline and ascending triangle today. The silver lining is the ascending trendline serve as good support. Patiently waiting for the eventual breakout this week.

 

Skylink still could not breakout from the descending trendline and ascending triangle today.
The silver lining is the ascending trendline serve as good support.
Patiently waiting for the eventual breakout this week.


 

 

Oh yes.. we might see 30 next week. Then probably 50 by end month.

JurongW      ( Date: 08-May-2026 19:51) Posted: MACD is above the signal line and about to cross the zero line - bullish momentum Rising RSi in uptrend and not overbought. All the stars are fully aligned for Skylink to push higher next week

 

MACD is above the signal line and about to cross the zero line - bullish momentum
Rising RSi in uptrend and not overbought.
All the stars are fully aligned for Skylink to push higher next week

 

Inverse head and shoulder = bullish reversal chart pattern
Ascending triangle = bullish continuation chart pattern
It' s a double confirmation!

 

A bullish harami pattern appears on the weekly chart.  Fair chance next week candle is a green one that clears the trendline resistance !

 

Today' s buy-in seems to be a bit favourable than the past few days and it' s increasing 0.005 daily which is a good sign of creeping up gradually.
As mentioned by bro JW, looking forward for Skylink to touch 0.27 resistance and 0.32 by earning release date.

JAMMIE      ( Date: 08-May-2026 10:08) Posted: i am waiting for the earnings release. The mngt has alreayd announed that there is a significant increase in profit. so its really strange that the price has not movedup. but that can also be because this counter is not watched by many. And many FI and fund houses woudl probably not be playing it. Near to the announcement date some insider and HNI will make a big move and make the price move up significantly in my opinion.

 

i am waiting for the earnings release. The mngt has alreayd announed that there is a significant increase in profit. so its really strange that the price has not movedup. but that can also be because this counter is not watched by many. And many FI and fund houses woudl probably not be playing it. Near to the announcement date some insider and HNI will make a big move and make the price move up significantly in my opinion. 

 

Thanks JW for the information.
It' s so obvious that someone is refraining from letting the price go up above 0.26, let alone going to 0.27. I guess the only time it will go beyond and above will be the result release date.

JurongW      ( Date: 07-May-2026 17:12) Posted: Let' s see if Skylink can move above the trendline resistance to close at $0.27 tomorrow.

 

Let' s see if Skylink can move above the trendline resistance to close at $0.27 tomorrow.

 

Glad you taking it positively. Let?s forward to next week pricing, first break 275 then next to 30cts. Hope to see $0.50 by end of May.

 

Thanks for the sharing. You are very good.  Always beneficial to hear alternative views on charting.

1091,000 shares was done at 25 cents (covered the gap), 57,200 shares at 25.5 cents. Only 30,800 shares was done at 24.5 cents at 5.05 pm
After the gap up, it could be the contra players closing their positions by T+4.  Let' s see how Skylink perform next week.


 

Iceycoke      ( Date: 01-May-2026 14:57) Posted: Oh different from my view. It has covered the gap and touched 245 with small lots. I would expect it to move up next week. JurongW      ( Date: 01-May-2026 02:18) Posted: Skylink ended the week with a bearish candlestick. Without signs of a rebound, the share price could slip to test support at 22.5 in the coming week. This weakness comes despite positive developments: 1.  Profit guidance on 23 Apr pointing to stronger full year results 2.  Insider buying by the Chairman, CEO, and CFO on 9 Apr, signaling confidence 3.    Average analyst target price of 47 cents Yet the share price performance has remained disappointing, highlighting the gap between fundamentals and price action.

 

Oh different from my view. It has covered the gap and touched 245 with small lots. I would expect it to move up next week.

JurongW      ( Date: 01-May-2026 02:18) Posted: Skylink ended the week with a bearish candlestick. Without signs of a rebound, the share price could slip to test support at 22.5 in the coming week. This weakness comes despite positive developments: 1.  Profit guidance on 23 Apr pointing to stronger full year results 2.  Insider buying by the Chairman, CEO, and CFO on 9 Apr, signaling confidence 3.    Average analyst target price of 47 cents Yet the share price performance has remained disappointing, highlighting the gap between fundamentals and price action.

 

Skylink ended the week with a bearish candlestick. Without signs of a rebound, the share price could slip to test support at 22.5 in the coming week.

This weakness comes despite positive developments:

1.  Profit guidance on 23 Apr pointing to stronger full year results
2.  Insider buying by the Chairman, CEO, and CFO on 9 Apr, signaling confidence
3.    Average analyst target price of 47 cents

Yet the share price performance has remained disappointing, highlighting the gap between fundamentals and price action.

 

Just hold tight. It will go 30c and higher.. substantial increase in profit.. amazing

 

Inverse head and shoulder pattern has taken shape

 

Updated chart