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Saturday, January 30, 2016

Sing Post

Sing Post - 31st Jan 2016

Sing Post is still on a downtrend mode as reflected from the chart.
The current price of $1.335 is staying below both 14SMA & 25SMA lines. This is generally rather bearish.



Also both MACD & RSI are pointing downwards which may provide further indication that the share price may continue to head lower.

Breaking down of $1.28 the previous low may see its price head further down towards $1.20 then $1.10.

It will be always good to lock in your profit for those that has managed to buy below $1.30.

Unless it is able to move up to clear $1.455 then that may reverse this down trend and hopefully to head higher.


(trade base on your own decision)

1 comment:



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