SingMedical has a very nice breaking out of 35 cents on 6th Oct 201 and closed well at 36.5 cents couple with high volume this is rather positive.
On 12th Oct 2016 we had again witnessed a very nice white thrust bar and closed well at 48.5 cents.
This is rather healthy/bullish.
Also both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.
Short term wise, i think it may likely move up to re-test the recent high of 50 cents. Crossing over of 50 cents with ease that may propel to drive the share price higher towards 55 cents then 60 cents with extension to 65 cents.
(trade base on your own decision)
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