Silverlake trend weakening

Silverlake,one of the most uptrending stock in Singapore market, recently start to drop sharply after Ex dividend, this could be seen as investor leaving this stock. Our Smart money index indicator show this too. Our SuperTrend system has turned Green candles to Orange candle giving us a bearish signal, this stock could go sideway or down in near term, as a trader we will trade the Bullish signal when it comes out again.

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