From technical perspective, STI's rebounce last Fri has recovered most of its past three trading day loss closed at 3025. However, it's still below its 200ma 3050. Any buying up will be counter trading for me.
Resistance: 3020, 3050, 3080.
Monday, February 28, 2011
Market Bottom Out Now? It's May Not Be The End
The unrest of Middle East spreading further, it was first ignited by Tunisia, then Egypt, then Libya, now turns to Oman... Crude oil price with the jittery market. No signs of immediate improve. They become major factors affect market sentiment currently.
From technical perspective, STI's rebounce last Fri has recovered most of its past three trading day loss closed at 3025. However, it's still below its 200ma 3050. Any buying up will be counter trading for me.
Resistance: 3020, 3050, 3080.
From technical perspective, STI's rebounce last Fri has recovered most of its past three trading day loss closed at 3025. However, it's still below its 200ma 3050. Any buying up will be counter trading for me.
Resistance: 3020, 3050, 3080.
Labels:
Investment Idea,
Long Candidates(Sg),
SG Mkt
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