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STI – Today across the board most of tge counters being sold down! As if , we are in the crisis! I think market overly reacted that Fed may not cut rate till May/June due to inflation hasnt really reached 2 percents and US economy is still positively growing!
By Singapore Stocks Sharing  •  February 5, 2024
STI - Today across the board most of the counters being sold down! As if , we are in the crisis! I think market overly reacted that Fed may not cut rate till May/June due to inflation hasnt really reached 2 percents and US economy is still positively growing! STI broken down the support at 3140 turned resistance! Immediate support is at 3100. Next support is at 3060. Pls dyodd....
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By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
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