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Looking at the chart, it seems highly likely that the trend continuation will continue and break out from the bearish trend line and proceed higher.
For those who wants extra assurance, wait for the breakout , retrace and find an entry to go long.
This is good news since our MICE industry cannot rely on domestic market, that means the...
Stock is trending upward in a channel. Currently trading near low-point of channel. Potential to move upward. Potential to long @ 1.27 and take profit @ 1.36 (resistance line) while stoploss @ 1.22 (support line).
Suntec Reit could be forming a bullish divergence on the daily (need another day to confirm this).
Will be looking to enter based on the 4hrly (bullish divergence there as well).
Long as it starts going above 1.26 (with a stop just below 1.20) and looking to take short term profit around 1.40. (protect with trailing stops on the way up in case the market...
