Read article here
Looking at the chart, it seems highly likely that the trend continuation will continue and break out from the bearish trend line and proceed higher.
For those who wants extra assurance, wait for the breakout , retrace and find an entry to go long.
This is good news since our MICE industry cannot rely on domestic market, that means the business travel sector must be getting ready along with the hotels businesses to cater to the international exhibitors and attendees in time to come.
Look at it as a package rather than which comes first. The snowball effect would be quite powerful once all the floodgates start to open.....
Looking at the chart, it seems highly likely that the trend continuation will continue and break out from the bearish trend line and proceed higher.
For those who wants extra assurance, wait for the breakout , retrace and find an entry to go long.
This is good news since our MICE industry cannot rely on domestic market, that means the business travel sector must be getting ready along with the hotels businesses to cater to the international exhibitors and attendees in time to come.
Look at it as a package rather than which comes first. The snowball effect would be quite powerful once all the floodgates start to open.....
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watch for a few more days and see how the price action plays out ....
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nice breakout , let's see if it retrace today and continue its bullish trend....
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hmm, a fake breakout
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another breakout , is this genuine ?
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Comment:
1.54 seems like a resistance it has to break before we can see it trend higher ........
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It is tough to get excited on STI stocks