Suntec Reit could be forming a bullish divergence on the daily (need another day to confirm this).
Will be looking to enter based on the 4hrly (bullish divergence there as well).
Long as it starts going above 1.26 (with a stop just below 1.20) and looking to take short term profit around 1.40. (protect with trailing stops on the way up in case the market doesn't want to give that much profit!)
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Will be looking to enter based on the 4hrly (bullish divergence there as well).
Long as it starts going above 1.26 (with a stop just below 1.20) and looking to take short term profit around 1.40. (protect with trailing stops on the way up in case the market doesn't want to give that much profit!)
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.