With the US markets poised to make a run higher, our markets are already running. STI breaks above 3250.
This might be the effect of capital inflows into the most popular theme for this year, the emerging markets trade.
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With the STI above 3250 now, our portfolio is running in good profits as well.
Let’s see if it holds above the 3250 level.
Price is still going, be patient and follow system
News not out yet, so be patient.
OCBC is up 14% from our entry, it has been quite a long wait, but worth it.
M1’s dividend adjusted chart shows we’re facing some resistance from the $2.27 area.
If we can break beyond this level, $2.37 will be in our sights.
TSM is still going, likely we will see some resistance coming in around $36 and $40
Be patient and follow system.
Dividend adjusted chart from chartnexus for ComfortDelGro.
It’s still climbing so be patient and follow system.
Be patient and follow system.
Trading is halted so the chart isn’t going to change till they lift the halt.
You can refer to the chart in a previous post here.
There isn’t a lot for you to do at this point.
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Good trading folks!
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