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.
What’s your trade plan like? Having a trade plan is of utmost important!
If you need help with a trade plan you know who to Contact!
We’re right here waiting!