Technical Analysis
STI needs to break above 3200 by…
By Stock Market  •  July 8, 2013
The corporate earning session will be starting soon. I reckon that it is going to be a volatile ride. Buck your seat belt and embrace it.
one either win big or (paper) loss big. Whatever it may be, have a sensible investment plan.
As mentioned in our previous email, holding above 3045 - 3070 followed by a break RSI 50 suggest further upside. As shown below, RSI indicator is improving and divergence occurs. While i am still hopeful for further upside, it is important to break above the immediate gap and then at least hold above 3200 (indicative time: by 19 July - 2 August 2013).
 
 
 
 

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