SGX: Break $7.00 Support!
SGX is on the way to the price target after breaking the $7.00 psychological support. SGX is technically bearish and continue trading within a down trend channel.
SGX is on the way to the price target after breaking the $7.00 psychological support. SGX is technically bearish and continue trading within a down trend channel.
GLD rebounded recently from $115 back to $120 and looks like rejected by this Down Trend Channel resistance. There is also a support turned resistance zone between $120 & $122. Expect GLD to continue the slide base on the chart pattern.
Original post by Marubozu @ My Stocks Investing Journey.
Singapore Technologies Engineering (ST Engineering) is going to test the $3.83 support for the 3rd time. More selling pressure if this support is broken and continue within the down trend channel to the price target of $3.30. MACD is bearish.
See previous Fundamental Data & derivation of the price target in the last few analysis of Singapore Technologies Engineering.