Last week, STI enjoyed a bullish run after it had tested its immediate support level at 2680. STI started with a retracement which managed to test 2680 support level. This support level held well and caused STI to rebound strongly towards its resistance level. A higher low formation was also formed and hence, STI’s uptrend [...]
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Bullish run likely to continue after retracement.
Posted by Jay Chia Published in Technical AnalysisTags: Market Outlook
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