Above is an end-of-day daily chart of the STI. It has been trending sideways since Feb 2013, with momentum on a downtrend. However, things appear different now that the STI hit a new 2013 high on 3 Apr and also correspondingly, the MACD made a higher high. All the moving averages are also trending higher. So i would suggest buying on pull backs. For example - see below chart:
Above is an end-of-day daily chart of Boustead. This company provides niche Energy-Related Engineering, Water & Wastewater Engineering and Real Estate Solutions. It is in a strong long term uptrend, and after a nice pullback, it is showing signs of a reversal back to the main uptrend. Support is at about 1.36 and resistance is at 1.485.
Above is an end-of-day daily chart of the STI. It has been trending sideways since Feb 2013, with momentum on a downtrend. However, things appear different now that the STI hit a new 2013 high on 3 Apr and also correspondingly, the MACD made a higher high. All the moving averages are also trending higher. So i would suggest buying on pull backs. For example - see below chart:
Above is an end-of-day daily chart of Boustead. This company provides niche Energy-Related Engineering, Water & Wastewater Engineering and Real Estate Solutions. It is in a strong long term uptrend, and after a nice pullback, it is showing signs of a reversal back to the main uptrend. Support is at about 1.36 and resistance is at 1.485.
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