Daily Market Opinion for 5-Jun-2012
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View ArticleDaily Market Opinion for 6-Jun-2012
Yesterday, STI attempted to recover after it took beating on Monday. The rebound attempt started with a gap up during opening which tested the gap support between 2715 – 2737 levels. Buying strength...
View ArticleDaily Market Opinion for 7-Jun-2012
STI rebounded strongly yesterday and managed to break its gap resistance between 2715 – 2737 levels. The bullish strength was due to hopes on the European Central Bank (ECB) to introduce easing...
View ArticleDaily Market Opinion for 8-Jun-2012
Yesterday, STI attempted to head higher by having a strong gap up opening in reaction to DJI’s strong closing on the previous night. However, STI did not manage to continue its bullish streak as...
View ArticleDaily Market Opinion for 12-Jun-2012
STI started the week with a strong gap after positive news that was flowing into the market over the weekend. Traders attempted to push the price higher during the opening session but the buying...
View ArticleDaily Market Opinion for 13-Jun-2012
STI managed to perform bullish action again yesterday as it managed to close higher despite a weak opening. STI opened lower at 2764 level in reaction to DJI’s overnight drop. However, it manages to...
View ArticleDaily Market Opinion for 14-Jun-2012
Yesterday, STI halted its’ ascend as concerns on the Greek meeting this Sunday starts to haunt the market again. STI opened with a slight gap down but bullish players were seen in the early trading...
View ArticleDaily Market Opinion for 15-Jun-2012
STI continued to trade cautiously yesterday as the Greeks’ Election draws nearer. STI reacted with a gap down during the opening session after DJI failed to stay positive on the previous night. 20ma...
View ArticleDaily Market Opinion for 18-Jun-2012
STI was buoyant by the results of the Greek Election as the party with pro-bailout plans was being elected. With such buoyant mood, STI gapped up strongly as fears of European Crisis starts to ease....
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