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Tat Hong ST: the upside prevails as long as 0.437 is support
Trading Central | 2018-01-04 01:40:00

Our preference: the upside prevails as long as 0.437 is support.

Our pivot point stands at 0.437.

Our preference: the upside prevails as long as 0.437 is support.

Alternative scenario: the downside breakout of 0.437 would call for 0.413 and 0.399.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 0.44 and 0.45).

Supports and resistances:
0.53 **
0.516 *
0.502 **
0.488
0.455 (SGD-last)
0.446
0.437 **
0.413 *
0.399 **

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