STI - Singapore - poised to deliver 15 to 25% during next 10days

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STI Index (INDEX:STI)

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INDEX:STI STI Index

trendanalysis waveanalysis sti straitstimesindex singapore index indices asia straitstimes

STI finished a primary degree contracting triangle pattern that should initiate a long path upward from here. It seems to be tracing a 5 wave move up that will form a minor wave 1 pattern. Currently we should be beginning a minute impulse wave 3, the strongest of the impulse waves that should deliver from 14 to 24% returns up to the next 10-15 days. Price-to-book ratio also confirms the pattern. Time to catch it ! FOLLOW SKYLINEPRO TO GET UPDATES.

Trade stängt: målet nått:

Although a little behind the most probable target of 14 to 24% range, prices delivered 12% of gains in 11 days (2,671 on April 17)

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