Case Study: StraitsAsia

SAR had broken its two major uptrend line( as drawn in below chart) one week ago, but it didn't fall down further as expected. It goes sideway instead after the break--which I consider it as "rest mode". The major horizontal support 3.0 and 2.95 levels are still hold firmly so far.

It's also well supported by its 20and 50ma right now. Thus my take is: it's on rest mode and bias to bullish now.