Monday, December 16, 2019
STI slumped 7.96 points to close at 3206.09.
Some had expected the profit taking / sell on news, as well as STI to go sideway.
Friday, December 13, 2019
Would you expect STI to clear its 200ma and then test its downtrend resistance line in the coming sessions?
Friday, STI gap up 16.47 points, where we witnessed profit-taking that rach day low at 3205.97, filling the same day gap. After that STI edged higher to close at 3214.05.
Reply to @Martin_Seah : I feel good chance to test
Thursday, December 12, 2019
STI followed through a bullish reversal to close 21.77 points higher at 3194.67.
Having tested its 20ma yesterday and retraced, intraday structure is a bullish bull flag done.
Looking to test its 200ma and its down trend line.