On Thursday, SGX broke the resistance at $7.27 and closed at $7.29 with HIGH volume of 4.95 million shares traded.

A long lower shadow occurred.  This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).

Three white candles occurred in the last three days.  Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.

Both RSI & MACD are bullish though RSI already in overbought region.

Important Resistance of SGX: $7.41

Immediate Support of SGX: $7.27

Currently prices are well above 20/50/100/200 days MA.

Prices broke the critical resistance at $7.27 with high buying pressure today but only closed slightly higher than the important level.

Due to the overbought situation, we would advise to sell once $7.27 ...