𝐒𝐈𝐍𝐆𝐓𝐄𝐋 – 𝐓𝐢𝐦𝐞 𝐭𝐨 𝐁𝐮𝐲 𝐍𝐨𝐰? (𝐖𝐡𝐲 𝐘𝐨𝐮 𝐍𝐞𝐞𝐝 𝐭𝐨 𝐓𝐡𝐢𝐧𝐤 𝐓𝐰𝐢𝐜𝐞!)

by michaelg August 20, 2020

Author: Trading Impossible | Joey Choy
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About 3 months back, I shared a video on Singtel when it was trading at about 2.60..

I mentioned that there could be some weakness as the 𝐃𝐎𝐖𝐍𝐓𝐑𝐄𝐍𝐃 seems to be still intact. 😨

Some downside targets were drawn..

Joey here, Top Tier Remisier in Phillip Securities.

Fast forward to today, we have indeed seen a new recent low again. 😢

In fact, just a few days back, we had reiterated our DOWNSIDE target as it 𝐑𝐄𝐁𝐎𝐔𝐍𝐃𝐄𝐃 towards a key resistance level.. ️🎯️🎯

Was expecting selling to come back again near there..

Sellers seems to be still in control and any rebound is met with more selling..

𝐒𝐨 𝐢𝐬 𝐢𝐭 𝐑𝐄𝐀𝐋𝐋𝐘 𝐓𝐈𝐌𝐄 𝐓𝐎 𝐁𝐔𝐘 𝐍𝐎𝐖? 🤞🤞

Well, not that you CAN’T,

BUT you want to make sure you have a plan if you are really buying and trying to catch the bottom, 😬

That is in case the next critical support breaks down again..

Watch this video recorded 20 𝑨𝒖𝒈 2020 to see what 𝐒𝐔𝐏𝐏𝐎𝐑𝐓 is this and more importantly,

𝐇𝐎𝐖 you can also Profit from the weakness when it is going down. 📉📉