Observation from Chart:
SPH (SGX: T39) forming lower high & lower low, keep on retest strong downtrend line unable breakout.
Will it form bullish reversal to break this strong downtrend line?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on SELL call itinerary.
Immediate support @ $1.03 level.
Subsequent support @ $1.00 level.
Immediate resistance @ $1.08 level
Subsequent resistance @ $1.13 level.
Let's watch closely Disclaimer.
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