Buy the dip for STI
已更新
Now with the ongoing war between Russia and Ukraine, will the Feds still consider the interest rates hike ? Will this war escalates the already skyhigh inflation rates further ?
Or perhaps the Fed will use this news and temporarily halt the rates hike ?
STI is still on a bullish move and I see this dip as a buying opportunity. How about you ?
Or perhaps the Fed will use this news and temporarily halt the rates hike ?
STI is still on a bullish move and I see this dip as a buying opportunity. How about you ?
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Good chance to accumulate as it rebounds off the bullish trend line as precedents have shown.注释
We are meeting the resistance once more .....注释
cnbc.com/2022/03/24/singapore-to-ease-covid-measures-drops-outdoor-mask-mandate-.htmlThis spells good news for many outdoor businesses like F&B, theme parks and hotels
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3234 previous resistance level so we are at critical point now. STI needs to break above this level this week else we see it going south towards 3038 level.....注释
2889 - 3049 , these will be the 2 support levels I expect STI to revisit注释
could we possibly see a fall towards 2800 level where it forms an inverse H&S pattern? I think it is very possible. The Great Singapore Sale is here, plenty of good stocks to buy and keep for long term. It is a question of your cash war chest and patience.注释
Time to take profits ? It is reaching the all time high at current price level , matching the previous high in 2018........Banks stocks like DBS are at all time high now so maybe a good idea to take some partial profits.........注释
Price may possibly breaks above current level to create a false breakout before trending down......The 50 basis points cut was a surprise to many who expects a 25 basis point cut so lots of celebration and rising tide lifts all boats (asset class)
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