Tuesday, July 3, 2012

Swiber (technical)

Swiber Technical looking good, with current price testing the near-term resistance of $0.605. Share price has also recently crossed above its key Moving averages, while RSI and Stochastics does suggest further upside. Share price has also lagged behind the likes of peers Ezion, STX OSV, despite a swelling orderbook,led by strong order wins momentum in recent wks/mths.

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