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Hiap Hoe ST: the downside prevails as long as 0.718 is resistance
Trading Central | 2017-05-16 23:35:00

Alternative scenario: the upside breakout of 0.718 would call for 0.746 and 0.764.

Our pivot point stands at 0.718.

Our preference:the downside prevails as long as 0.718 is resistance.

Alternative scenario: the upside breakout of 0.718 would call for 0.746 and 0.764.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day MA (respectively at 0.7 and 0.71).

Supports and resistances:
0.764 **
0.746 *
0.718 **
0.706
0.695 last
0.647
0.63 **
0.613 *
0.596 **

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