IFAST

$IFAST(AIY.SG)

Context: iFAST Corporation has maintained steady fundamental momentum, driven by ongoing growth in its Assets Under Administration approx. S$36 billions (as of 30 Jun 2026) and expanding digital banking operations across Asia.

My trade: After scaling a new high of 10.54, iFAST is in a consolidation phase for the past one year. I opened a long position at 8.73 I chose to invest in iFAST due to its strong market position in digital wealth management and strong revenue from long-term recurring platform fee.

Takeaway: Going forward, I will continue to invest and scale into my entries when an opportunity arises due to short-term price swings and market volatility.

$IFAST(AIY.SG)After reaching ATH, this stock traded in a descending wedge and then entered a consolidation phase. It has not been able to break out of this zone for the past 2 quarters but that also means the support at 8.42 is strong. It is still prudent to have a stop loss plan in place in the event the support level fails. iFast is part of the iEdge Next 50 index and CGS Fullgoal Singapore Next 50 Active ETF is going to be launched soon. Hopefully it can give some boost to the price.

$IFAST(AIY.SG)Despite earnings results that met or beat estimates and buy calls by various brokers, this stock has repeatedly experienced steep sell-offs and its stock price has stayed range bound. It broke below MA50 and the upward trend line that had been forming in the daily chart. I expect it to move towards 8.45-8.5 before it has any hope of rebounding.

iFAST Corporation (SGX: AIY) continues to show strong undamental strength, driven by sustained growth in assets under administration and expanding digital banking margins. The wealth management platform benefits from scalable recurring fee revenues. While premium valuation multiples require disciplined risk management, solid earnings momentum keeps it a key fintech play in my portfolio. Glad to hold this stock. $IFAST(AIY.SG)

$IFAST(AIY.SG)On the daily chart, the uptrend channel within which it has been trading appears intact. Post-market earnings report takes place on 24 July which is a Friday so it is crucial to observe how the market will react on 27 July. The key resistance levels to watch out for are 9.63 and 9.83. Support level is around 8.99-9.

$IFAST(AIY.SG)On the daily and weekly charts, we can see a bullish falling wedge seems to be forming as the price has broken above the upper trend line of the wedge. After breaking out, it falls and rebounds at the upper level of the wedge, forming a new support. This bodes well for the continuation of the uptrend.

$IFAST(AIY.SG)IFast appears to be forming a new support level around 8.82. The calling off of the ceasefire between the US and Iran may derail this though. 25 Jul is an important date to watch out for as it is announcing Q2 earnings post market on 24 Jul. The stock price had dropped after the last two earnings despite sterling results. Will third time be the charm?

$IFAST(AIY.SG)The price hasn’t filled the gap (grey region) yet and the candlestick today doesn’t look too bad with a fairly long body showing buyers are pushing back against the sellers. There is still some selling pressure as seen in the small wick above the candle. If it can form a higher low, there is a greater chance that it will form a higher high later on.

$IFAST(AIY.SG)Previously the bullish double bottom met a resistance at $9.41, turning into a bearish double top pattern. Yesterday’s candlestick has a long red body and no tail wick, indicating the sellers are fully in control. I will be watching to see if it continues the pattern of higher low (ie above $8.57) or fills the gap to fall further to the previous support levels of $8.57 and $8.48-8.50.

$IFAST(AIY.SG)Looks like it will be another green day for iFast. Today’s candle continues the upward momentum, opening at 9.16, above the closing price of the previous day (9.15) and shooting above the Bollinger Band, resulting in an extremely long body. Buyers are pushing up the price but whether it can be sustained needs to be validated by the trading volume. The wick at the top is the result of sellers pushing back which interestingly ends right at the upper limit of the Bollinger Band. KDJ is 86, suggesting it is overbought.

iFAST Corp: Record Profit, S$987.75M Net Cash, So Why Does the Dividend Stay Small? | EP1663🦖

iFAST is sitting on roughly S$1 billion of net cash, yet the trailing yield is stuck around 1.3 percent. That is not a typo, it is the structural outcome of running a digital bank on top of a wealth platform. The same banking engine that makes the business look bulletproof on paper is the reason so little of that profit is actually landing in your pocket as cash.

Before you chase the S$12.20 institutional target, I want you to be very clear what kind of return you are really signing up for.

$IFAST(AIY.SG)

📺 YouTube: https://youtu.be/NDqkD01VsJA

📩 Substack: https://investingiguana.com/p/ifast-corp-record-profit-s98775m

$IFAST(AIY.SG)The stock has been creeping up for the last 6 days. It remains to be seen if it can break the resistance of 9.25. If it does, 9.73 may be in sight. While patience is a virtue, sometimes it helps to take partial profits along the way if the stock is a volatile one as unrealised profits can evaporate very quickly. Money that cannot be deployed elsewhere while waiting for a stock to recover incurs opportunity cost.

Looks like $IFAST(AIY.SG)is starting to move. It has been beaten down from this year high of $10.90. With the Iran War now more or less over (hopefully permanently), I am expecting it to go up to above $10 very soon. I will definitely add more of this stock on weaknesses. Good luck everyone!!! Happy trading. Cheer!!!

$IFAST(AIY.SG)I have received the second dividend payout on 12 Jun. I was expecting the stock to go down to below 8.5 after 7 days of red candlesticks but it bounced off after reaching 8.57. Right now it is trading at the middle of the Bollinger Band. Pakistan just shared that a peace deal between Iran and the US will be reached in less than 24h. If this is true, it may give the market a much needed boost on Mon.

$IFAST(AIY.SG)The stock is retracing after meeting resistance of 9.25. 8.45-8.5 was a strong support level previously. The escalation of the Middle East conflict coupled with the tariff announcement by the US caused the general stock market to retreat today. There may be some good bargains to be had in the upcoming days for those keeping a watchful eye on the market. Remember to plan your stop losses before entering any trade.

$IFAST(AIY.SG)A double bottom may be in the process of forming on both the daily and weekly charts. The price needs to go above the neckline (the peak in the middle of the W) for it to be a double bottom. A double bottom is a bullish reversal chart pattern and may signal the end of a downtrend and the start of an uptrend.

$IFAST(AIY.SG)Not too bad. It didn’t drop much on ex-dividend date. DBS Insights on 25 May 2026 suggests the AUA of iFast may indirectly benefit from China acting on unregulated cross-border securities activities as iFast operates a regulated wealth management platform in China. Its target price for the stock is $12.15. The consensus target price is $11.97.

Week 5 – My Portfolio Health Check

1. Last week was relatively flat for my portfolio.

2. Caught and added $IFAST(AIY.SG), it does not disappoint me with more than 6% jump so far. See you above $9.50 or higher.

3. $ComfortDelGro(C52.SG)seem to turnaround sooner than expected with substantial shareholders accumulating more shares. Happy if you can go above $1.50 again soon.