Capitaland Mall Trust is forming a Head and Shoulders with neckline at about $2.08. This is a ugly trend reversal pattern and it is not a good chart pattern to long the stock.
See Capitaland Mall Trust Fundamental Analysis here.
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Starhub broke the support zone between $4.00 and $4.03. This level proved to be very strong support and tested 8 times previously. So, this breakdown has to be respected because it does mean something in terms of investor confidence on StarHub. Shorting time on this Singapore Straits Time Index (STI) component stock!
Original post by Marubozu from My Stocks Investing Journey.https://mystocksinvesting.com
STI is rejected at 200D SMA with a bearish closing marubozu candle. This level is also a reliable Support Turned Resistance trend line (in green). STI does not looks good base on chart pattern. Keep a close eye on the Rectangle support level at 3294 and expect more down side in the coming days if this support level broken. Tecnically STI has entered into bearish territory and start down trend. .
Original post by Marubozu from My Stocks Investing Journey. https://mystocksinvesting.com