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Sunday, January 27, 2013

CapMallAsia - Swing Trade Setup

Straits Times Index

The Straits Times Index has risen to two year's high. The market has reached overbought with a possible RSI divergence. The market has now entered "risk on". Next resistance 3,310. 

CapMallAsia - Swing Trade Setup

There is a swing trade setup for CapMallAsia. Enter above 2.16, First target 2.25 ( and beyond ), stop loss 2.10. The setup will be invalidated if the price fail to breach 2.16 or fall below 2.10.

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