Heading towards 1.30 next as mentioned ? Congrats to those who manage to lock in some CFD SELL positions last week !!! J
Sent: Thursday, January 21, 2016 4:21 PM
Subject: ************ SingPost: Firm breakdown below 1.50 seen.... more weakness towards 1.40... cautious... price 1.47
Subject: ************ SingPost: Firm breakdown below 1.50 seen.... more weakness towards 1.40... cautious... price 1.47
Singpost has crossed below the 1.50 psychological level firmly, pulling away from it further in more selling pressure. Likely to head towards next support at 1.40 then 1.30 as mentioned. Trend still negative below 1.48 – 1.50 now, lower buy stop loss along the way and can continue to ride the downtrend. CFD Sell can be used further with indicators still showing no recovery as yet.
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