Friday, October 13, 2017

Chart[64] - Singpost

The counter saw increasing buying volume last week. Price broke up from resistance 1.28 on last trading day. Shall buying interest continue, it could test next resistance ~ 1.32. Long term resistance ~ 1.375. Shall price fall below 1.27, range bouncing could persist like past two months. 1.235 serves as support 4 years support. Company has been buying back shares consistently.

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