Shares & Derivatives
Hyflux: Divestment as gap closed at $1.365.
By A Singaporean Stockmarket Investor (ASSI)  •  January 17, 2012
My sell order at $1.365 was filled today. This is the gap filling I talked about before. Could price move higher in the next session? It could, of course.
However, the upper wick in today's white candle as price touched a high of $1.37 before closing at $1.35 suggests that selling pressure is very much present. Moving higher on lower volume compared to two sessions ago is also a sign of caution......
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By A Singaporean Stockmarket Investor (ASSI)
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