Monday, February 22, 2016

Singpost: New recent high seen today again at 1.455..... heading to test 1.50 next?

Did you managed to lock in some long positions with us last week? We had a few calls on it  J

Sent: Thursday, 18 February, 2016 9:32 AM
Subject: *************** Singpost: Might start to see some upwards momentum on a break above 1.40, price 1.425
Following up from previous call, we are seeing some buy ups again as it approach its temp resistance at 1.425, clearing above again can see more strength towards 1.45 then 1.50 as mentioned. Strong Volume seen again. Good to raise stop loss along the way to protect profits as we may see some profit taking near the 1.50 again and maybe even a retracement back down.

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