dchua1969

STI, great again !

Long
dchua1969 Updated   
TVC:STI   Straits Times Index
Read this article here

This is great news for all who resides in Singapore, local or foreigners. In my opinion, the tourism market - especially air travel may take another 6 months more before we see any improvement in the industry. Afterall, there are many areas of co-operations including security, vaccination, etc to take care of between the countries.

Comment:
Praise the Lord ! We have break out nicely from the resistance at 2892. If this week , the price action continues to be bullish, then we can see STI goes toward 3200 level progressively
Comment:
Praise the Lord for it has break above the important 3000 psychological level
Comment:
we should see some corrections ahead. good for those long term investors
Comment:
good to take some profits as I think the correction to 3027 is coming....
Comment:
3200 seems like a strong resistance level , profit taking
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