Sin Heng

Sin Heng: (Technical Alert) Counter appears to be holding up in light of the recent European saga, with $0.205 as a key support. Counter formed a White Marubozu Candlestick yesterday, a Bullish indicator, while RSI and Stochastics are turning ard to signal a potential up-trend. Counter appears to have opened above the 20 day EMA this morning. Recall on Tuesday that PM Lee reaffirmed SG's support for the positive changes in Myanmar and the Myanmar's govt's capacity-building efforts. PM Lee made these remarks during a meeting with Myanmar's Union Minister for Foreign Affairs, who updated Mr Lee on recent developments in Myanmar and expressed appreciation for SG's support towards Myanmar's reforms.