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Monday, November 9, 2009

Singapore Hamburger

STI continue its sideway action but bias to the upside, last week a lot of cheap stocks dropped like hell but blue cheap doesn't really drop, this is one of main reason why I prefer stay away from cheap stocks. On weekly chart, STI uptrend line is still well intact



on daily chart, it's perfectly sandwiched in between 20dma and 50dma. We are in the middle of the trend,

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