On Tuesday, SGX rebound slightly and closed at $7.02 with LOW volume of 1.83 million shares traded.
Separating lines occurred. If the lines occur during an uptrend and the first line is black and the second is white then this suggests that the uptrend should continue.
Both RSI & MACD are flat as RSI trend sideways.
Important Resistance of SGX: $7.10
Immediate Support of SGX: $6.91
Currently prices are supported by 50 days MA at $6.91.
SGX has been trending aimlessly for the past weeks as the volume drops due to low interest.
The support at $6.75 is expected to be strong.
We would suggest buy at $6.75 support if interested.
Stock Chart: SGX! is contributed by : Singapore Stock Information Exchange