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Friday, December 21, 2012

Friday Indicator

STI has been trading in the sideway for the past four days in this week, within the range from 3150-3177, My immediate target at 3190 this week left one day to reach only, will STI rise 13 points to hit it today?

The usual Friday indicator levels will be very tight since STI in a narrow sideway range. I will look at immediate support and resistance levels at 3150 and 3190 respectively.

Stocks to Highlight:

Wilmar add 10c or 3.1% yesterday at 3.28( refer to previous post), its long time( 3mths) consolidation may come to the end with upside breakout. First target is 3.52.

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