Monday, March 21, 2011

SGX CHART - bouncing off support at 7.30 !!! More upside to come if there are more certaintly on the merger deal with ASX....

Long term investors can lock in some positions at this level for any rebound back up when deal either gets through or not. Investors just want a conclusion....
Look at the high of about 10.20 in Nov Last year before coming down.. like to have found a bottom if it does not breach the 7.30 support level.

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