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breakout
Right Timing
STI flails as volume evaporates
SINGAPORE (April 24): The Straits Times Index has sunk below its breakout level of 2,561. The breakout took place in mid-April but the subsequent rise was not able to garner volume. In addition, quarterly momentum was not able to move above its moving ave
April 24, 2020
Right Timing
STI breaks out of minor resistance, setting upside target
SINGAPORE (April 17): Chart breakouts show potential. Sometimes we never get to the potential. Still, for the Straits Times Index, there is good news, and bad news. The good news is that the STI has broken above a resistance at 2.561. The bad news is the
April 17, 2020