SGX - Stock Rebounding

The Dow dropped almost -300 points last evening but many stocks were holding strong here in Singapore while some started to show strength and rebounded. Most blue chips started to bounce up but only the oil and gas sector remained weak and got sold down as compared to other blue chips.

I think SGX looks strong as posted on my blog some days back since it has built a strong base and it's starting to break a wall maybe soon? From that day when I posted till now, the stock price maintained well supported and even touched 7.54 high today. See the white line drew in the chart, that's the base forming and the stock remained well supported even though the market had a downfall for the past few days. I think it might breakout soon. Let's see

http://stockmarketmindgames.blogspot.com/2019/05/sgx-staying-strong-pt-2.html

http://stockmarketmindgames.blogspot.com/2019/05/sgx-staying-strong.html

Ronald K - Market Psychologist - A Stock Market Opportunist