Major demand zone is going to break. Can we see 14800 ??? Which is the next demand.
SGX is currently in critical zone and ready to move for a big move on either side. I have marked trendline and support zones. Any breakout will take SGX to new high or a big correction? This is just for an educational purpose.
ESPECIALLY IN THE BEGINNING OF A COMMODITY SUPER CYCLE...
INCREDIBLY VIOLENT CROSSOVERS HAVE BEEN PROVEN TIME AND TIME AGAIN OVER THE LAST 20 YEARS! LAGGING WAY WAY BEHIND XLE & OIH FOR VERY VERY LONG...
#SingaporeStock $IFAST(AIY.SI) #IFAST Daily Chart. Price broke above 20 & 10 ema. Still possible to retest 5.55 Upside possible target: 6.5 if you are holding. Slow Stoch up. Wait for LMACD to curl up for trend confirmation. . This is #PersonalOpinion. Pls #DoYourOwnDueDiligence #PeterSinGuili #SwingTrading
ENTRY: 1.51 TP1: 1.57 TP2: 1.61 TP3: 1.74 SL: 1.44 - ADX>25 - RSI>70 - FFI and RS +ve - MA are aligned - Breakout with decent volume
Price is facing bearish pressure from our first resistance in line with our graphical overlap resistance, 100% fibonacci extension and 61.8% fibonacci retracement where we could see a further drop below this level.
Price is facing bearish pressure from our resistance, in line with our graphical pullback resistance level and 38.2% fibonacci retracement. A break below our downside confirmation target could see a further push down to test our support target at 18.20
SATS S58 : TARGETS $4.55 (quantstrategic.com.sg) Refer to my previous post, $4.55 has been hit intraday. Short term trend is UP Medium trend is UP since 091120 Long term trend down pending break of $4.55 PIVOT $4.15 Long positions above $4.15 target 4.55 and 5.85 Short positions below $4.15 target 3.65 and 3.55
ENTRY: 4.12 TP: 4.46 SL: 3.89 - ADX<25. Would like to be higher. - RSI>60. - FFI and RS +ve - MAs are aligned. 10MA below 40MA but pointing up. - Looks like demand is there. - Once above HVN 4.14, it should have more upside.