Tuesday, June 09, 2020

Singapore O&G - Bullish Bottom Triangle

A "Bottom Triangle" chart pattern formed on Singapore O&G Ltd (1D8:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 0.215 to the range of 0.27 - 0.28.



Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

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