dchua1969

Buy the dip for STI

Long
dchua1969 Updated   
TVC:STI   Straits Times Index
Now with the ongoing war between Russia and Ukraine, will the Feds still consider the interest rates hike ? Will this war escalates the already skyhigh inflation rates further ?

Or perhaps the Fed will use this news and temporarily halt the rates hike ?

STI is still on a bullish move and I see this dip as a buying opportunity. How about you ?
Comment:
Good chance to accumulate as it rebounds off the bullish trend line as precedents have shown.
Comment:
We are meeting the resistance once more .....
Comment:
www.cnbc.com/2022/03...r-mask-mandate-.html

This spells good news for many outdoor businesses like F&B, theme parks and hotels
Comment:
Comment:
3234 previous resistance level so we are at critical point now. STI needs to break above this level this week else we see it going south towards 3038 level.....
Comment:
2889 - 3049 , these will be the 2 support levels I expect STI to revisit
Comment:
could we possibly see a fall towards 2800 level where it forms an inverse H&S pattern? I think it is very possible. The Great Singapore Sale is here, plenty of good stocks to buy and keep for long term. It is a question of your cash war chest and patience.
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