SGX – [ Rebound Came As Blogged From Last Week, Filled The Gap, Next Target? ]

Chart Source: Poemsview 22nd Oct 2018

SGX or Singapore Exchange just released its results for their first quarter, more can be read HERE.

In addition, analyst have a rating ‘Buy’ for SGX too. Read about it HERE.

But did you see our blog last week? We mentioned last thursday that if SGX manages to break above it $6.95 resistance it might cover the gap to reach $7.01 and $7.05 eventually. It reached all our targets and even exceeded it to reach $7.10.

What’s our next target? If SGX manages to close above $7.09 then we might see it attempt to reach $7.23 in the coming days.

SGX closed below $7.09 so lets watch the next few days to see how it performs.

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Yours

Humbly

Kelwin&Roy

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