STI and Double Top
Posted by Alex Ang on October 5, 2009
Looking at the chart, it shows that STI has not been able to breach beyond 2,700 for almost 2 months now. With all the failed attempts, it seems that it has formed a double top which signal caution trading to me.
The next support at 2,560 is starting to look a little bit vulnerable especially with...
![[out] AIG](http://www.alex-ang.com/wp-content/themes/bigfoot/includes/timthumb.php?src=http://www.alex-ang.com/wp-content/themes/bigfoot/images/image-pending.gif&h=48&w=48&zc=1)
![[in] China Shineway](http://www.alex-ang.com/wp-content/themes/bigfoot/includes/timthumb.php?src= http://www.alex-ang.com/wp-content/uploads/2011/09/china-shineway.jpg &h=48&w=48&zc=1)
