Friday, September 15, 2017

Chart[61] - Singapore O&G

The counter saw some significant buying volume on end Aug and mid Sep as highlighted in upper chart below. Price moving in a small upward channel. 0.5 is immediate resistance, shall buying interest continue.
Looking into its weekly chart (lower), price is capped between between 0.44 and 048. Shall price break down from 0.44, downward trend could continue.

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