I expect SGX in the short term to pull back towards 8.70 as long as it is holding below 9.38. After which, we should see a bounce reaction from 8.70 towards the alternative case target at 9.75.
Essentially, this is 2 trading ideas in 1.
Part 1: SGX to push down towards 8.70
Part 2: SGX to bounce and move higher to 9.75 thereafter.
Reason being that price is still holding above the long term ascending trendline support.
Essentially, this is 2 trading ideas in 1.
Part 1: SGX to push down towards 8.70
Part 2: SGX to bounce and move higher to 9.75 thereafter.
Reason being that price is still holding above the long term ascending trendline support.
Dagangan ditutup: sasaran tercapai
1st Trading idea TP at 8.70 reached.Will probably update to see how price will move again.
It was a long shot to forecast too far into the future regarding how price would bounce after it has reached 8.70.
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.