Straits Asia Resources has been on the up trend for the past 3 weeks. Currently SAR is testing the uptrend support turned resistance and a pull back is expected. Currently RSI and Stochastic oscillator show SAR is overbought. Next support is $2.565 which is the 78.6% Fibonacci Support.
Straits Asia Resources (SAR): Testing Resistance
- Post author:Marubozu
- Post published:April 10, 2011
- Post category:Straits Asia
- Post comments:0 Comments