Currently, we are seeing some resistance at the price level.
If the market does correct in US, it is likely that STI will follow suit and we may see some correction. Alternatively, if the US market remains bullish, then it is possible that STI may breach the resistance level and continue to head up.
Short term traders can take profits while those who wish to long be patient and await right opportunity to enter .
If the market does correct in US, it is likely that STI will follow suit and we may see some correction. Alternatively, if the US market remains bullish, then it is possible that STI may breach the resistance level and continue to head up.
Short term traders can take profits while those who wish to long be patient and await right opportunity to enter .
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.