Friday, May 9, 2008

Singtel Hammer Candlestick Charting Pattern


Expect a rebound on Monday barring any unforeseen circumstances. Immediate resistance is the 200 days EMA resistance line followed by $3.80 resistance level. Clearing $3.80 will propel price towards 20 days and 50 days EMA resistance lines. Conversely, if the unexpected should happen be prepared for a test of $3.60 .

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