On Friday, Straits Asia gap up and closed at $2.50 with LOW volume of 5.81 million shares traded.

A white candle stick with little lower shadow indicates that investors are bullish and no hesitant in buying up the stocks.

Both RSI & MACD are bullish as MACD just perform a golden cross.

Important Resistance of Straits Asia: $2.55

Immediate Support of Straits Asia: $2.40

Currently prices are resisted by 100 days MA.

Straits Asia rebounded on the critical 200 days MA on 23/Feb and broke the resistance at $2.40.

However we would like to warn investors that although prices are going upwards but buying volume is low which means rally is lack of conviction.

If interested, watch for the support at $2.40 for any consolidation since it is expected to be strong.

On Friday, Golden Agri re-tests the resistance at $0.71 and closed ...