On Tuesday, Midas re-test the resistance at $0.43 and closed at $0.41 with LOW volume of 20.26 million shares traded. A black candle sticks with little upper/lower shadow affirms that there are no hesitant in selling the stock down from the investors. Both RSI & MACD are turning flat as MACD lines began to converse [...]

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On Friday, Sembmar re-test the critical resistance at $5.45 and closed at $5.40 with HIGH volume of 8.81 million shares traded. A black candle stick with long lower shadow similar to a hanging man affirms that the rally has lost it momentum as investors took profit. Both RSI & MACD are flat as RSI trend [...]

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On Friday, Starhub broke the resistance at $2.79 and closed at $2.80 with regular volume of 1.99 million shares traded. A white candle sticks with long upper shadow affirms to profit taking when prices approaches the resistance at $2.82. Both RSI & MACD are bullish as RSI trend upwards. Important Resistance of Starhub: $2.82 Immediate [...]

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On Thursday, Singtel re-test the resistance at $3.11 and closed at $3.10 with regular volume of 22.36 million shares traded. A white candle sticks with long upper/lower shadow affirms that investors are hesitant in buying up as it approaches the resistance at $3.11. Both RSI & MACD are bullish as RSI trend upwards. Important Resistance [...]

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On Friday, Genting SP broke the resistance at $2.01 and closed at $2.04 with LOW volume of 69.55 million shares traded. Three white candles occurred in the last three days.  Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish. RSI & MACD are bullish as RSI [...]

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