Straits Asia – bearishness ahead after violating major trendline | Technical Analysis | Singapore Stocks


Straits Asia has broken the long-term uptrend line and the long-term horizontal support line, which suggests bearishness for the weeks ahead. The short-term target for it would be to test its old low of 1.81. Watch for the markdown phase to commence. It is only a matter of time.

Cheers
Spencer
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