STI has been up for two weeks and it losing a bit steam now, some profit takings are expected in the short term... I don't much to say at this moment, I'm monitoring those blue chips retracing to their support level then get in again. I already closed out 90% of my longs yesterday with good profit.
Will update you again.
do you mean for the next couple of week, sti and majority of stocks will go down?
ReplyDeletedavid
Nope, generall trend is bullish. just profit takin for 1 day, 2 days or mayb couple of days...
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