Suntec Reit had manged to bounce off from the low of $1.50 on 3rd Feb 2016 and continue to head higher to touch $1.68 on 19th Feb 2016. This is generally rather bullish.
The current price of $1.66 is hovering above both 14SMA & 25SMA lines which is rather positive.
Also both MACD & RSI are still pointing upwards which may be a tell tale sign that the share price may continue to head higher.
A breaking out of $1.68 with good volume that may propel to drive the share price higher towards $1.71 with extension to $1.83.
(trade base on your own decision)
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