Posts
STI has reached very near the original TP of 2394 formed from the H&S formation. Although, the chart seems a bit on the extended side, I would not rule out the possibility of hitting the tp.
Currently it has also formed a rising wedge which suggests caution here on. Break of the lower blue trendline might trigger downside momentum with investors locking in some profits in the short term.
No comments:
Post a Comment