Singapore Exchange (SGX): Start Down Trend?

Singapore Exchange breakout from the Rectangle after XD date. The rebound from $7.40 was rejected by the 20D SMA (note: 20D SMA is quite a reliable support & resistance for SGX base on past pattern).  The recent support of $7.41 is the critical support to watch. Breaking this support will send SGX to the price target of about $7.175 (the 200D SMA & 161.8% FR).

Past analysis on SGX.


This Post Has 2 Comments

  1. Kitty

    Hi, is this a confirmed breakout for resistance level at 7.85 today?

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