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Friday, February 23, 2018


STI - Last Friday it has managed to cross over the overhead resistance at 3520 and closed higher at 3533. This is generally quite positive.

From TA point of view, price is staying above the SMA lines which is rather bullish!

Short term wise, likely to see it move up to test 3577. Breaking out with ease + good volume that may propel to drive the index higher towards 3611 and above.

Not a call to buy or sell. TRADING Book click here

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