Singapore Exchange Ltd (SGX: S68) bullish upside has been cemented since our report dated 16th September 2020 has stated that once prices clear above the then 200-day moving average, the bullish outlook is set. Based on the technical, the upside is likely to continue:
*Timeline of the trade is 3 weeks from the date issued.
Red dotted line = 200 periods Moving average
Blue dotted line = 50 periods Moving average