STI on reversal
Okay, it is like Deja Vu because I have mentioned this before. STI is reversing now because of divergence on indeicators for both weekly and daily basis.
The moving average support level on daily basis is 3,139 while resistance from Fibonacci Projection is 3,197.
Fig 1 STI Weekly Chart
Fig 2 STI Daily Chart
Labels: STI
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