It has been sometime since my last posting. Things are getting rosier as our country continues to post strong economic data which apparently STI was not being jeopardized by regional bourses. It has crossed key resistance levels (3044) signalling the start of a bull market. As long it maintains above 3044, It could even test the 23.6% mark of fibonacci (Around 3,200). However, It is being severly overbought (bluechips) and may have a slight correction prior to the next run as long as it trades above the 3,000 mark.
Trade with care.
Trade with care.
