SPH Technical Analysis (30 Mar 10)

See it for yourself and make your own judgement.

Support/Resistance:
Not much movement recently. Same as two weeks ago, the chart is still within the channel between $3.55 and $3.80.

Indicators:
Looking at the MACD, RSI and Stochastic, the three indicators are still high, meaning that it might not be a best time to buy.

My Target Price:
My target buy price will be $3.55.

Please note that I am using TA to position myself for long term investing and not to predict the direction of the market.