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S08 trade ideas

Sing Post (Truthfulness so often goes with ruthlessness.)View On Sing Post(17 Aug 2020) We are seeing some potential "Bullish" revival in this counter. As long as $0.62 level is held well, it can swing back up to $0.82 or even higher. Let's see. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SGX:S08
by SonicDeejay
S08 - Potential breakout of descending channel - AccumulationS08 provides digital services, such as logistic services and e-commerce in Singapore and other regions. The stock has been in descending channel after the fallout of bearish 3 drives (not shown in current view). Current price is on MA50 with positive RSI. Volume trading appears to be in accumulation. Do you think this rise to $1 or pull back to $0.9? Let me know in the comments section! :) Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. If you like the analysis, please click on "thumbs" u; "like" button. Thank you.
SGX:S08Long
by Smartis
2
SingPost - Bullish Inverted Head & Shoulders formedSingpost formed a bullish head and shoulders and also gapped up on a strong volume today. A strong gap at the low end of the chart is usually a sign that the trend has turned up. While it is possible that Singpost could pull back to fill the gap at 1.01 in the near future, the odds have greatly increased for higher prices in the coming weeks. I am bullish with a stop at 0.99 (a couple of ticks beow the gap) and will trail my profit and scale out between 1.14 to 1.20. Hope for the best!
SGX:S08Long
by Juliac