stocklands SGP looking ready to break a 2 decade level at 5.40, surely inflation would cause it to be worth double that by today... looking at 1H entry or 1D entry, both pullbacks. Another way is to wait for the BO, retest shown on the weekly
Entry conditions: (i) breach of the upper confines of the Darvas box formation for ASX:SGP - i.e.: above high of $5.10 of 27th August (most conservative entry), or (ii) swing up of indicators such as DMI/RSI along with a test of prior level of $5.05 from 27th August. Stop loss for the trade (based upon the Darvas box formation) would be: (i) below the support...
MSCI SINGAPORE futures after the nice impulse until the 333 level started a retracement move. The market touches the 0.382 Fibonacci level over a support structure and started a consolidation move. IF the price will break and close above the minor resistance structure, we can set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep...
Worth watching. If it breaks & closes above $4.10 it will be bullish. Be patient
On the daily chart, we see a larger symmetrical triangle formation. Off late, the stock has been restricted to a narrow range of 1520 to 1580. The daily RSI has turned flat, however, the daily MACD shows loss of bullish momentum following a sharp rally from late Oct to mid November. Hence, a bearish break from the narrow range of 1520-1580 appears likely....