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Raymond Chng
Remisier
Lim & Tan Securities

raymondchng@limtan.com.sg
raychng@gmail.com

Friday, June 4, 2010

STI 04 June (Follow up posting)



STI was losing 0.3% at mid day when it rebounded, tested 2,800 and closed high at 2806.51, a good sign that the road to recovery (short term) is imminent following a double bottom formation. Shares are showing triangle patterns which means short term outbreak is possible after last week's major retracement.

Trade with care.

Enjoy the ride if you have loaded.

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