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18/8/11

Aug 19, TA for SIA

Aug 17, TA for SIA (Weekly)

  • Trend - Downtrend,
  • Momentum - Oversold
  • Support - 11.29 (Fibo 50%)
  • Resistance - 10.44 (Fibo 38.2%)
  • Candlestick - Black Harami ( a weak bullish indicator)

It is still in Downtrending mode, chance is that it might meet its new support at 10.44. In this downtrending period - how to trade? Sell at Resistance, Buy at new support.
Posted by Paul - ckhpaul@ymail.com at 10:14 pm
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