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Saturday, March 8, 2014

Hyflux Technical Analysis March 2014

Hyflux ( 600.SI )

Hyflux has a similar chart formation as Olam spotted on Feb 15.  The latter has rallied 30 cents in almost a straight line fashion. Similar chart formation refers to RSI bullish divergence, prices challenging a downtrend line confluence with 200MA…etc. 

Olam ( O32.SI ) - Revisited

Same chart as Feb 15, prices breakout and pierced through the trendline cum 200MA :