On Friday, Straits Asia re-test the support at $2.89 and closed at $2.95 with LOW volume of 4.44 million shares traded.
A white candle stick with short lower shadow affirms that the support at $2.89 remains intact as investors buy near this support.
Both RSI & MACD are neutral as RSI trend sideways.
Important Resistance of Straits Asia: $3
Immediate Support of Straits Asia: $2.89
Currently prices are supported by 50 days MA at $2.89.
For the past 2 sessions, prices has been trending along the key support at $2.89 as the selling has eased.
The support at $2.89 and $2.79 is expected to be strong.
If really keen, watch for the support at $2.89 for further consolidation although $2.79 will be a better entry price.
On Friday, SPH re-test the support at $3.82 and closed at $3....
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