Thursday, January 29
STI Technical Analysis Jan 29
Posted by
Kay
at
Thursday, January 29, 2009
It's been 3 weeks since I posted on the technical analysis on the STI. Market volume seems to be creeping back although it is still not that strong. Currently, we are looking at the level of 1677 as a gap support. There was a huge gap formed during December as highlighted by the purple circle and it remains to be seen whether it can hold as a support level.
It's been 3 weeks since I posted on the technical analysis on the STI. Market volume seems to be creeping back although it is still not that strong. Currently, we are looking at the level of 1677 as a gap support. There was a huge gap formed during December as highlighted by the purple circle and it remains to be seen whether it can hold as a support level.
Labels:
STI,
Technical Analysis
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