Wednesday, August 29, 2012

Hyflux (technical)

Hyflux: Counter is testing its support at $1.35, Stochastics is approaching the oversold lvl and may bottom out while RSI has appeared to start heading up. Technicals are overall still down but are signalling a possible bottom esp since this is a support lvl. Another break will likely see counter trade to $1.26 lvl. Upside is capped by resistance at $1.45

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