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Home / Capital / Right Timing

Right timing: STI upclimb supported by momentum and moving averages

Right Timing

Right timing: STI upclimb supported by momentum and moving averages

Goola Warden Published on Sat, Apr 06, 2019 / 7:41 AM GMT+8

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SINGAPORE (Aug 6): The Straits TImes Index managed to break above its 50-day average decisively at 3,223. in the meantime, the 100- and 200-day moving averages are poised for a positive cross. The index’s upmove was accompanied by a breakout by quarterly momentum, and volume expansion. This should support a continud advance.