On Friday, Straits Asia re-test the support at $2.89 and closed at $2.95 with LOW volume of 4.44 million shares traded.

A white candle stick with short lower shadow affirms that the support at $2.89 remains intact as investors buy near this support.

Both RSI & MACD are neutral as RSI trend sideways.

Important Resistance of Straits Asia: $3

Immediate Support of Straits Asia: $2.89

Currently prices are supported by 50 days MA at $2.89.

For the past 2 sessions, prices has been trending along the key support at $2.89 as the selling has eased.

The support at $2.89 and $2.79 is expected to be strong.

If really keen, watch for the support at $2.89 for further consolidation although $2.79 will be a better entry price.

On Friday, SPH re-test the support at $3.82 and closed at $3....