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Monday, April 16, 2012

Weekly Pivot

Following US market's drop, STI opened down this morning but the low of 2970 is holding for now, it's trading at 2975 -12 points as at 9.32am.

The selling is under control, stocks such as Kepcorp, Hkland, Genting sp, First Resources are still holding well.

STI weekly pivot point for this week:
R3: 3074
R2: 3040
R1: 3014
PP: 2980
S1: 2954
S2: 2920
S3: 2894

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