SGX (technical)

SGX: Trading Central notes the stock recently rebound from its long term rising trend line, which has played as a key support since Jun '12. Furthermore , the RSI has bounced off strongly from its support at the 30% mark. As long as $7.10 holds on the downside, the house tips a continuation of the rebound as more likely to occur. Sees a move up to $7.55, then to $7.68 in extension ( previous swing high).