Saturday, March 29, 2008

Update on SGX 29 March 2008




SGX broke out of consolidation channel this week. Closed above the 25 day moving average at last closing. Gap noted at $9.76 - $9.65. Higher volumes noted in past 2 weeks.

Will this consolidate or push higher next week? Expect 50 day MA to be a key level to watch.

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