Shares & Derivatives
Stock Chart: Informatics, Singtel!
By Dou  •  December 21, 2010
On Tuesday, Informatics re-tests the support at $0.13 and closed at $0.13 with LOW volume of 2.98 million shares traded. A black candle stick with long upper shadow affirms that prices are having issues going upwards and investors choose to sell down instead. Both RSI & MACD are neutral as MACD lines are conversed together. Important Resistance of Informatics: $0.15 Immediate Support of Informatics: $0.13 Currently prices are resisted by 20/50/100 days MA. From the charts, we could see that the prices are currently consolidating along the support of $0.13. Till now, no selling pressure has been spotted for Informatics. Therefore consider buying at $0.13 support if interested in the fundamental of the company. On Tuesday, Singtel re-tests the support at $3.04 and closed at $3.04 with LOW volume of 11.11 million shares traded. A falling window occurred (where the ......
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By Dou
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