
$Suntec Reit(T82U.SG)For the mid term, the uptrend is still intact. The price is hovering around MA50 for the daily chart but still above MA50 for the weekly chart. When it crossed below the lower limit of the Bollinger Band in the past, it had bounced and retraced to the upper band eventually so that may be a good entry point if it ever hits that again. Please use this indicator in combination with other indicators for confirmation of a reversal as no indicator is perfect.
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