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Tuesday, 26 June 2018
Sheng Siong: 26 June 2018, Tuesday, 1.05pm Singapore Time
26 June 2018, Tuesday, 1.05pm Singapore Time
(Click on Technical Chart above to Expand)
Attached is the Technicals for Sheng Siong, a super-mart listed in the Singapore SGX. Sheng Siong's Technical Structure is as follows: Long Term Uptrend; Mid Term Uptrend; Short Term Bull Flag. The Dominant Order Flow and The Net Funds Flow for Sheng Siong continues to be bullish. The Volume Flow and the Technicals for Sheng Siong are bullish too. This means $1.09 will break out upwards. This will spur a $0.20 rally from the $1.09 resistance giving next target of $1.29 -- a more than 29% rally from here.
The Donovan Norfolk Technical Rating: Very Bullish