STI- End of Correction? And some counters turning.
Today STI could likely have ended its downtrend and it is ready for the next wave of rally. Some counters that we traded have rose even before today's bullish move in the index.
STI Chart
Broke out of downtrend line, bullish confirmation of last Friday hammer. Bollinger band squeeze, likely to see upward movement in the coming weeks.
Some Counters that our traders' group chat have been watching and traded:
1) Rowsley
Some accumulation spotted last friday and highlighted in the group.
Trade Records for Rowsley:
2) Rex International
Trade Records for Rex:
3) Chip Eng Seng
Caught the breakout and accumulation today 2/10/17. Prompted in the group today and last week to watch this counter. Broke out new high today and entered.
Trade Records:
Interested in joining a recreational traders group chat and get latest updates and sharing, do email us at satkitrader@gmail.com
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