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We can visit 159 without applying for visas now, that beats Germany by 1 country.

The STI has seen a good rally, we even made a new high a couple of days ago, but I don’t think it’s because of this news =)

But that 3350 is not considered broken through yet.
We have a couple of new setups to watch, one long and one short.

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STI

We’re now testing the previous swing high at 3350

Looks like we have more upside coming.

STI breaking new highs again

STI breaking new highs again

 

Genting

Looks like we will get a signal soon.

Keep your eyes open.

Genting will have a signal soon, keep a close watch.

Genting will have a signal soon, keep a close watch.

 

Hi-P

Still looking strong.

Be patient and follow system.

Hi-P still going, be patient and follow system

Hi-P still going, be patient and follow system

 

SIA Engineering

This is a short setup, do note that the STI has been heading higher and can continue further if it can clear this 3350 level.

On SIA Engineering, the 3.20-3.30 level has been a major support level for many years since 2010

Usually we would see a quick rejection when price tests this level.

This time however, we see price stuck in this area without buyers jumping in.

Price has recently just reset the signal with a couple of blue candles.

First signal was a very strong down move.

That triggered two weeks ago, since then price has been making a very slow retracement.

The trade still looks good, if this major level breaks, we could see a move down to 2.90

SIA Engineering not making strong rejection from this level.

SIA Engineering not making strong rejection from this level.

 

OUE

It has broken out of a 6mth consolidation.

This is the second valid signal, which is more convincing than the first signal, because this one broke the resistance of the past 6 months range.

Around 2.20 is the first target, followed by 2.28 then 2.40 and 2.70

 

OUE breaks out of 6 month consolidation

OUE breaks out of 6 month consolidation

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