Market Review and Trends
Dukang Distller Up 22%
By Stock Market  •  June 10, 2013
STI: 2989 - 3001 as a relative stronger support level Not sure if you read one of the articles being featured on the Straits Times dated 8 June 2013. It mentioned about that within a 2 weeks, our local benchmark index, STI lost all its gain for the year. And the index is currently trading slightly below its 200-days simple moving average of 3188. From a technical perspective, and i believe that there could be research reports mentioning that a move below 200-days moving average may signal the possibilities of further downside, with 3000 level as a possible psychological level.[Do note that there is a weekly gap of 2989 - 3001 as a possible support level]. Dukang Distiller: Up 22% within 2 weeks While it is true that the index has lost its gain, but i believe that some of the stocks that you may have bought are still ......
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