Very volatile day for the STI today. It gapped down at the open, and then slowly powered up to close near major resistance again. I think the STI will break this level very soon.
Golden agri has bounced off nicely at 0.705 and is headed towards 0.780.
Capitaland has broken 3.00 and should be headed towards 3.155. Support is at 2.865.
Noble group fell off support of 1.05 to a low of 1.02. It recovered over the past 4 days to close at 1.075. The is a bullish divergence between the share price and the MACD, so indications are that the price is headed higher. But there are many resistances to overcome, namely the three moving averages. So for now, support is at 1.05, resistance is at 1.10.
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