Just looking at the chart, it had a false break out of the top band, then went back and bounced off its bottom band and is now looking like finding support again on its bottom band. Its well above its 200 day MA. This is looking good for another run up to around 6.40 with a good chance of a breakout. Optomistic of a breakout, but hey, the market liked the announcement. More short term money equals more projects can get firing at the right time. This could be quite big for SGX imo.
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