Wednesday, August 1, 2012

STI breaks through 3040

Yes! STI has broken through its previous high of 3040 and i think will head towards 3100 (the 161.6% fibonacci projection). Support looks to be around 3020.
Capitaland has also broken through 3.00, and is headed towards 3.155 (the previous pivot high). Support is about 2.95.
Golden Agri is rather disappointing today. I had expected it to continue going up to 0.78, but it instead fell to 0.72. Support remains at 0.705 and my short term target for this stock is 0.78.

No comments:

Post a Comment