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Stock Chart: SMRT!

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SMRT

On Monday, SMRT re-test the support at $1.29 and closed at $1.30 with LOW volume of 0.542 million shares traded.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of SMRT: $1.30

Immediate Support of SMRT: $1.29

Currently the prices are resisted by 20/50 days MA at $1.29.

Since 29/Aug/2013, prices have been consolidating between the key support at $1.28 and key resistance at $1.31.

The support at $1.28 is expected to be strong.

We would suggest to buy near $1.28 support if possible since it is unlikely to give way easily. Sell once this support breached with high volume.

Important News

Keppel Corp. (BN4.SG) named Chan Hon Chew as its new chief financial officer to succeed Loh Chin Hua from Feb. 1. Mr. Chan, 48, has been with Singapore Airlines Ltd. (C6L.SG) for more than 10 years and has served as its senior vice president of finance since June 2006.

Stock Chart: SMRT! is contributed by : Singapore Stock Information Exchange

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