Below is STI one hour chart, it has formed an inversed H&S , with neckline support at 3015 thereabout. I remain bullish as long 3015 can hold, with upside target 3060.
.GIF)
Wednesday, September 12, 2012
STI Bullish
STI Gap up today and traded higher towards 3035 resistance, it tested 3035 and unable to break it( day high 3035.8), it then retraced back towards its support 3015, currently at 3024( 12.42pm).
Below is STI one hour chart, it has formed an inversed H&S , with neckline support at 3015 thereabout. I remain bullish as long 3015 can hold, with upside target 3060.
.GIF)
Below is STI one hour chart, it has formed an inversed H&S , with neckline support at 3015 thereabout. I remain bullish as long 3015 can hold, with upside target 3060.
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