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Archive for the SGX Category

SGX – chart does not look bullish for now…

SGX had a rebound (if you can call it a rebound because it is so weak) as it got near to the 200 day moving average (see highlighted area). The 100 and 200 DMA is all that is holding SGX from falling. Watch the 2 support and resistance lines for any indication where SGX wants […]


SGX – possible bear flag

If SGX break support of 6.75, it is possible that bear flag will be in play which targets to a price of 6.50 which coincides with the 100 day moving average and also a classical support. It would be good if there is higher volume when it breaks the support.


SGX – Bullish pennant in the making

SGX is displaying a bullish pennant. Therefore watch to see if it can break the resistance of 7.30, preferable with high volume.


SGX – Angel fish pattern spotted

SGX formed a symmetrical triangle within the angel fish. With the trading volume ever decreasing, something has to happen soon.  


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