SIA Engineering seems to have bounced off from the low of $3.31 on 28th Jan 2016 and head higher to touch $3.61 on 16th Feb 2016. But was able to close well.
The current price of $3.46 is hovering slightly above both 14SMA & 25SMA lines which is quite positive.
Also both MACD & RSI are showing sign of a positive divergence that may provide indication that the share price may move up to re-visit $3.61.
Breaking out of $3.61 with good volume that may propel to drive the share price higher towards $3.70 with extension to $3.76.
(trade base on your own decision)
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