On Friday, SGX trend directionless and closed at $6.25 with LOW volume of 1.5 million shares traded.

A doji star occurred (where a doji gaps above or below the previous candle). This often signals a reversal with confirmation occurring on the next bar.

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

Important Resistance of SGX: $6.62

Immediate Support of SGX: $6.13

Currently prices are well below 20/50/100/200 days MA.

Despite a strong rebound in the STI, SGX failed to rally as investors remain cautious on this stock.

SGX prices have been falling since Oct 2010 and has a long term bearish trend.

If really interested, do consider to buy at the support at $6.13.

On Friday, Sembmar trend directionless and closed at $3.86 with LOW volume of 9 million shares traded.

Three white candles occurred in the last ...