As i was writing this report, STI had hit a fresh low of 3127. It is very near to the support level as stated in the chart above (3120). The risk will be minimum and the odds of winning seem to be higher. This is supported by the PPO on the chart. So far, on this bull run, it hasn't break -0.4 level (12 days). The level has reached -0.3, which means a rebound is around the corner.
I am looking at some counters such as Noble Grp, Wilmar, Rotary. Trade at your own means. Wish everyone good luck and a prosperous year in the stock market. :)
No comments:
Post a Comment