ADX
-DI crosses above +DI, seller gaining dominance
However, due to low volume involved, it might not be a strong downward signal
MACD
-MACD cross below signal line (Bearish)
Further supported by the building up of a rather strong bearish signal. Again, volume seems to be rather low
COMMENT
Expect the trend to be sideway/ranging for few days. However, even if falls, expect the 0.250 SGD support to be a rather strong one, due to rather good recent 1H2010 quarter result as compared to competitor.
Entrance should be 0.250 SGD
No comments:
Post a Comment