SGX (technical)

SGX: Trading Central notes share price remains in consolidation, but stands firmly above its support base around $7.40. Highlights , the 50 day moving avg is still tilted up, and daily RSI has just jumped above its neutrality area at 50%, calling for further advance. Tips as long as 47.40 support is not broken, a new move up seems more likely toward $8, and then to $8.20 in extension.