3 Beautiful white soldiers reflected on the chart , looks positive!
This bullish momentum may likely continue to drive the share price higher.
As can be seen the RSI spike up and is on the uptrend mode direction. Likely to continue to head higher.
Short term wise, I think it may move up to re-attempt $7.27 which is also coincide with FIBO 38.2% .Breaking out of $7.27 with ease + good volume that may likely drive the price higher towards $7.40 with extension to $7.60 .
Not a call to buy or sell.
Pls dyodd.
Singapore Exchange Limited, together with its subsidiaries, operates an integrated securities exchange and derivatives exchange in Singapore and related clearing houses. It operates through Equities and Fixed Income; Derivatives; and Market Data and Connectivity segments. The company provides issuer, securities trading and clearing, post trade, membership and collateral management, derivatives trading and clearing, and market data and connectivity services. It also offers counterparty guarantee, and depository and related services for securities transactions; bond trading services; front-line regulatory functions; and computer services and software maintenance services, as well as consultancy services. In addition, the company provides and distributes bulk freight market indices and information; and operates regulated freight derivatives trading facility and electricity market. Singapore Exchange Limited was incorporated in 1999 and is headquartered in Singapore.
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