Tuesday, 26 June 2018
Singpost: 26 June 2018, Tuesday , 2.22pm Singapore Time
26 June 2018, Tuesday , 2.22pm Singapore Time
(Click on Technical Chart above to Expand)
Attached is the Technicals for Singpost, a postal/logistics company listed in the Singapore SGX. The technicals in RED, GREEN and BLUE show you how Singpost has transited stealthily from a long term downtrend to a newfound long term uptrend. It has made use of the fear of "US-China trade war" just to backtest and confirm the newfound bull market (shown by the green circled regions). It would also seem that the correction caused by the "trade war fear" had been used by markets worldwide merely to confirm supports and double confirm long term bull markets, a bullish action that contradicts the 90% herd majority's bearishness. Even the weakest stocks are using trade-war fear to confirm newfound long term uptrends.