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Posts Tagged ‘STI Chart’

STI Index 18 May 2012

STI index Technical Analysis chart 18 May 12 shown STI had breakoutdownfrom the small ascending triangle formation( form by the grey horizontal and slant line) on 7 May 12 . Since then, STI had managed to break down from the strong levels of 2900 region to reach the next strong support levels at 2775 regions. At this point of 2775 regions, STI happen to be at the lower channel of the uptrend channel (red parallel line).

Depending on the outcome of the Euro and Greece crisis, a break out from the uptrend channel (red parallel line) will lead STI to go further down to the next possible support level of 2715 or 2630 or worst lower than 2520 levels which means a major crisis is in play.

Always trade with what you have and know how much you are willing to lose first.

Happy trading and always remember do your own homework and research. Kindly read my disclaimer.

F&N TA chart 10 May 12

F&N  TA chart 10 May 12

F&N TA chart 10 May 12 shown F&N had been trending nicely up the channel since October 2011 up to now. However be cautious if F&N fallout of the uptrend channel as there is a possibility going lower or maybe trend side way.

Always trade with what you have and know how much you are willing to lose first.

Happy trading and always remember do your own homework and research. Kindly read my disclaimer.

Categories: Charts Tags: , ,

DBS Chart 20 Apr 12

DBSTA chart 20 Apr 12 shown DBS came into contact with the first resistance region of 13.70 levels (first red horizontal line)after the sharp fall due to the massive sell off on 3 Apr 12. The next likely strong resistance is at the region of 14.00 levels (second red horizontal line). Be aware if DBS price fail to break the first resistance region of 13.70 levels and also break the slant brown line as the possibility of going lower is high.

The next likely of strong support could be either at the 12.85 levels (horizontal blue line) or the lower slant red line. However be very cautious if this strong support is broken as the likely hood of going lower is high.

Always trade with what you have and know how much you are willing to lose first.

Happy trading and always remember do your own homework and research. Kindly read my disclaimer.

Categories: Charts Tags: , ,

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