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MobileOne ST: short term rebound towards 1.93
Trading Central | 2017-09-12 22:55:00

The configuration is mixed.

Our pivot point is at 1.76.

Our preference: short term rebound towards 1.93.

Alternative scenario: below 1.76, expect 1.7 and 1.66.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands above its 20 day MA (1.79) but below its 50 day MA (1.87).

Supports and resistances:
2 **
1.97 *
1.93 **
1.9
1.81 (SGD-last)
1.78
1.76 **
1.7 *
1.66 **

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