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Thursday, May 4, 2017

Sheng Siong

Sheng Siong - 4th May 2017

Sheng Siong from TA point of view is looking good to re-attempt the $1.00 mark.
Chart wise looks bullish. Volume has also been increasing for yesterday trade.

Both Macd & Rsi are still rising that may provide further indication that the share price may continue to trend higher.

One of the setup being indicated on the EBook 

Short term wise, I think it will likely re-conquer $1.00. Crossing over with ease + good volume, that may propel to drive the share price higher to $1.05 then $1.10 with extension to $1.15.
( trade base on your own decision)

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