Sign of Strength in the chart:
1. Reversal with Green Market Stages
2. Climatic Volume with Sign of Strength
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Weakness in the chart:
1. Red Pentagon high volume
2. Price drop 20/40ma with high volume
3. No demand
4. No reversal with Sign of Strength
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
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S68 - SGX - Head and Shoulder
hey guys, these are the key levels for me on SGX(S68.SI), we could see a pullback to test our support at 9.32 before further upside. What are your thoughts on this?
Price is approaching support where we could see a bounce from our buy entry. Stochastic is approaching support as well where we could see a bounce from here.
Price is approaching our support in line with our trend line, 61.8% retracement, 127.2% extension and horizontal pullback support where we could see a bounce above this level.
Price is approaching our buy entry and a test of our buy entry could present an opportunity to buy. Ichiomku cloud is showing signs of bullish pressure as well.
Long upon the break of the neckline at 8.86 wit initial stop below today's candle low @ 8.65. It may break up and retrace to retest neckline again within a week, if that happens, it's normal as long as it does not break more than a few ticks below the neckline.
Looking for H&S Target @ 9.80 (protect with trailing stops on the way up though).
Disclaimer: This is...
Price is approaching our support at 8.40 where we could see a bounce above this level. A break above our bearish trend line could see a further upside in prices.
