Trend Watch

Sunday, January 27, 2008

SGX testing 200EMA



Next few days will be interesting with price testing 200 days EMA and the $11 resistance line.Successful breakout above $11 will cause price movement towards the next resistance level at $12. However, should this breakout fail price will probably retrace back to gap support at $9.30.

1 comment:

Lucidez a.k.a Teapot said...

Thanking you for your December visi to my blog and your kind remark :)

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