V3Go Outlook on STI and Stocks selection: STI will have initial wipe-saw first… PSL, Yang Zi Jiang and Genting SP
Posted by admin in Events and Advertisements, Futures Pick, Market Analysis, Stock PickGood Morning,
For the last 2 days, the V3Go Team were truely busy with our graduates as we conducted 2 Trade ‘Live’ sessions over 2 consecutive days. On Tuesday we did stocks ‘live’ trading. On Wednesday, we did Futures ‘Live’ trading. Thus we didnt have the time to do our blogging yesterday.
For both days, we made money! Congrats to all the V3Go Graduates who attended and made money from the session. We would love to see more V3Go grads coming joining us in the next session.
We will reveal the entries of those stocks/market we traded on, via charts, later.
For today, based on our V3Go system, we have the V3Go BC and SC intersecting another therefore this signal equates to ‘wipe-saw’ effect initially. Traders do take note there will be Up-Down today. To enter buy mode, the STI must trade above the OP of today which is 2774.09. As long as it stay below this level for today, one shouldn’t go too strong on their buying of shares. There is a support around 2755 thus, if the market can close above it today, the market may challenge the 2794 resistance again.
For stock selections, we are looking at PSL, YZJ and Genting for today.
PSL, can only buy if it stays above OP (Opening Price) of today.
YZJ, can only buy if it stays above OP of today
Genting, there is an artificial support at 94cents. This stock must stay above this level, if not, there will be selling.
Shanghai Index broke our V3Go TAOS resistanc at 3018 yesterday therefore, there is a potential for this Index to hit 3150 in the next 1-2months time. Currently, the Index is tradinga t 3045 level.
Disclaimer as usual
V3Go Team
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