Thursday, April 3rd, 2025
Market Updatesstock of the day

STI ETF:$3.685, breaks resistance.

Posted on October 18, 2024 at 8:34 am (GMT+8)

378
Views
Share on Facebook
Share on Twitter

STI ETF:$3.685, breaks resistance.

  • Monitor New Support Levels: After breaking through $3.685, traders will watch to see if the ETF can hold this level. If it does, $3.685 may become a new support level, reinforcing the potential for more gains.
  • Look for Confirmation: Traders often seek additional confirmation of the breakout by looking at other indicators (e.g., Moving Averages, RSI) or watching for sustained price action above $3.685.
  • Setting New Targets: With the resistance broken, traders might set new price targets based on previous highs or other technical levels, aiming for a continuation of the uptrend.

    Thank you

Related Posts

Bursa KLSE stocksMarket Updates

Gamuda Secures Major Wind Farm Project, Strengthening Global Expansion Strategy
minichart
September 30, 2024

Date of ReportSeptember 30, 2024 Broker NameCGS International Securities Company OverviewGamuda Berhad is a Malaysian engineering, property, and infrastructure company with a strong presence in large-scale projects. The company is known for its expertise...

Hong Kong stocksIPOstock of the day

HealthyWay IPO: Your Gateway to the Booming Digital Health Revolution in China!
minichart
December 28, 2024

HealthyWay Inc. (02587.HK), a digital health and medical service platform in China, is set to list on the Hong Kong Stock Exchange on December 30, 2024. Below is a detailed evaluation of the IPO...

Market UpdatesSingapore SGX stocks

SingPost Special Dividend Potential: Asset Monetization Strategy and BUY Recommendation | Maybank Research
minichart
January 3, 2025

Singapore Post: Potential for Significant Special Dividends Maybank Research | January 2, 2025 SingPost is poised for significant special dividends following the termination of three key executives, asset monetization efforts, and the appointment of...