Welcome to my trading journal! A place where I share my Psychology, Money Management & Trading system on trading shares in the Singapore Stock Market. Fellow shares enthusiasts are welcomed to share thoughts too. I hope my posts will be educational to you in your quest to growmoney. I can be reached at eehwa.ng@gmail.com outside of the blog.
Tuesday, June 03, 2008
Singtel to breakout to downside?
Singtel: Indicators suggesting a breakout to downside possible. Price resisted at 20DMA, sell signal from TT2 (CTA course short strategy). A quick check with GMMA which is a trend indicator shows that indeed we may enter into a downtrend. $3.60 is the support to watch.
DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.