
$Suntec Reit(T82U.SG)Today’s Singapore market was a mixed bag. Suntec Reit went as high as $1.48 (KDJ went above 80, an overbought signal) before retracing to $1.46. The long red body and the long wick above indicates selling pressure is higher than the buying pressure. With interest rates expected to be hiked, I think it will still trade within a range with $1.39-1.4 as a support.
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