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Technical Analysis – 2nd Sept 2009

Posted by CharlesMing  Published in Technical Analysis

The STI continued its decline and it is not hard to see why. Multiple counters forming lower highs which is bearish in nature and I wouldn’t want to go on the long side on such counters. One example listed above is KepCorp. Downtrending. SSE showing absolute disastrous momentum with 61.8 % retracement in play. You [...]

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