I will do a short post this time round, there’s so many things I need to catch up on! Back to the review..It’s been awhile since I last posted! Finally got back from my overseas training and of all time, just when I’m overseas, STI’s uptrend line was breached. This is getting really interesting because now we’re looking at the possibility of entering a bear market. A lower low has been formed, what’s left next is to see if a lower high will be formed. First resistance should be somewhere at the 3425 mark.
STI
VICOM
So instead of going down to test 5.8, it was supported at 6.0 instead, a psychological round number. However, I get the feeling that this is not a recovery yet. The upward move comes with very little volume and I suspect prices have reached a peak for now with resistance at ...
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