Hey all do check out $SANDS CHINA LTD(01928)$! I can see that it is abiding to the descending trendline resistance, signifying an overall bearish momentum. I am expecting price to drop further down from 23.6 % Fibonacci retracement towards take profit level in line with 100% Fibonacci projection and horizontal support. My bearish bias is further supported by the MACD indicator where the signal line crosses over the MACD line.[Miser]
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