TradeVSA - Stock Trade Ideas

Author: TradeVSA   |   Latest post: Tue, 23 Feb 2021, 2:58 PM


Singtel - Potential Shake Out

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1. Re-accumulation stage 
-consistent narrow spread bar with decreasing volume 
- T(test) and SP (spring ) signals appeared to test support 
2. Mark-up 
- high volume wide spread bar of LC push the price above 20/40 MA 
- tested previous resistance 
- Green Pentagon appeared
3. Potential shake out 
- low volume down bar with Red Pentagon signal 
- monitor for support at 40MA 

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Disclaimer: This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.


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