Wednesday, October 2, 2013

SGX - Short Sell ?

SGX is weak after hitting resistant from 7.60, current price 7.20 is at critical support level and if broken we believe it will go down side. Short Seller will be watching this stock closely and once broken below 7.20, Short Seller may start to short and 1st target price to cover back may be at 6.95 and 2nd target at 6.75. Only use CFD for Short Sell.