Good morning everyone.
STI now 3163, slightly up by 10pts. It has been consolidated in a flag formation in past four trading days. A breakout from the formation would indicate its fresh move, bias to upside. Current resistance is 3180, major support 3110.
Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Monday, April 18, 2011
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