STI's daily chart above. The STI has been rising since mid Mar 2011. The upward momentum is extremely strong. Short term moving average has turned up sharply. Today, the STI managed to close above previous support @ around 3180. Next minor resistance is 3228 and the next major resistance should be at 2011's high of 3280.
Something interesting must be brewing at Cosco Corp. It rose $0.08 from the open @ $2.17 to close @ $2.25 at extremely high volume. It looks poised to hit 2011's high of $2.44.
Golden agri managed to breakout of previous high pivot @ $0.72 on increasing volume. Next resistance is @ $0.75. The upward momentum of this counter is getting stronger.
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