STI One Month High 2789

STI is quite close to its one month high at 2789,  I see more upside potential IF it can break and CLOSE above this level. STI has travelled "extent" enough high so far, I'd prefer to buy on dip rather than chase the high--if you have yet to buy. Or you can take this opportunities to take profit on your long positions. On the downside, 2745-2720(gap) will be support level to watch out. 2789 is the key resistance level.