Monday, December 15
STI Technical Analysis 15th Dec
Posted by
Kay
at
Monday, December 15, 2008
The volume for the past two trading days of the STI, which were down days were relatively light and that is a good sign. A gap was formed on 9th Dec at around 1683 and I am expecting STI to test this gap as a support level soon. If this testing is successful, there will be a good chance that STI will resume its move to the upside or will at least be consolidating.
The volume for the past two trading days of the STI, which were down days were relatively light and that is a good sign. A gap was formed on 9th Dec at around 1683 and I am expecting STI to test this gap as a support level soon. If this testing is successful, there will be a good chance that STI will resume its move to the upside or will at least be consolidating.
Labels:
STI,
Technical Analysis
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