$Suntec Reit(T82U.SG)The chart is still looking good. A little pullback at this point after the formation of a “cup” is not unusual. The long tail wick suggests buyers are still in the market despite the red candle. If the sentiment holds, it may progress into a bullish cup and handle pattern later on. The handle should be less than half of the depth of the cup.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
