SGX stock price is gyating in a Descending Triangle. Normally this chart pattern (Descending Triangle in an up trend) is bearish and will reverse the trend. If SGX breaks down the Descending Triangle support line, the stock price may go down to $6.90 to $7.00 range.
- Post author:Marubozu
- Post published:December 20, 2009
- Post category:Singapore Exchange (SGX)
- Post comments:0 Comments
Tags: Descending Triangle