Those who did not take advantage of STI index when it went down below 3000 , there is another opportunity. Likely, there would be a retracement to the right shoulder towards 3096 level before I think it starts to rally towards 3300 level.
I am bullish on banks, some REITS and a few stocks which I have already covered.
Please DYODD.
I am bullish on banks, some REITS and a few stocks which I have already covered.
Please DYODD.
Catatan
Awaiting for a nice pull back at around 3180 this weekCatatan
It hits 3300 price level nicely and it retreats......pretty predictable for STICatatan
wow, we have 2 days of nice bullish candles and with the FED taming the interest rates, there is a good possibility that we might see STI breaking out of the 3300 resistance level and head towards 3400Catatan
it looks like 3180 gap will be closed this/next weekCatatan
edition.cnn.com/travel/article/china-travelers-destinations-intl-hnk/index.htmlMaybe for individual stocks like Genting or the Hospitality sectors, not all stocks will benefit from this influx of tourists
Catatan
The 4th time it has hit the resistance level at 3300 and likely it is going to retreat again.....Catatan
A good support found on 4 Nov 2022 and it rebounded well. Tomorrow may be a good day to accumulateCatatan
Hmm, this is a delicious level to start accumulating shares of STI again......Catatan
Praise God, congrats to those who had longed some stocks in STI components or the STI ETF
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