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dchua1969
Nov 1, 2022 5:38 AM

STI heading towards 3300 by year end ! 

STRAITS TIMES INDEXTVC

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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.

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Awaiting for a nice pull back at around 3180 this week

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It hits 3300 price level nicely and it retreats......pretty predictable for STI

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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 3400

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it looks like 3180 gap will be closed this/next week

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edition.cnn.com/travel/article/china-travelers-destinations-intl-hnk/index.html

Maybe for individual stocks like Genting or the Hospitality sectors, not all stocks will benefit from this influx of tourists

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The 4th time it has hit the resistance level at 3300 and likely it is going to retreat again.....

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A good support found on 4 Nov 2022 and it rebounded well. Tomorrow may be a good day to accumulate

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Hmm, this is a delicious level to start accumulating shares of STI again......

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Praise God, congrats to those who had longed some stocks in STI components or the STI ETF
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Netris101
Read this with a smile👏 👏 👏
dchua1969
@Netris101, Thanks for your comments. Hope the market has been treating you well. Cheers
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