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Archive for the SMRT Category

SMRT – (on-request) Breaking support after support…

With a lot of people actively “scolding” SMRT for the last few months, it has been tumbling badly. Normally a public transports counter usually behaved more like sideway movements as the income are “predictable”, but even with the increase fares, SMRT just could not find any reasons for investors to buy-in the story to push […]


SMRT – found short term support

SMRT, “breakdown” after “breakdown”… oops, not breakdown, but slight delay, today formed a hammer at classical resistance turned support. The previous resistance was formed on July 2009 which is now calssical support and also at Fibonacci support. Therefore watch to see if there is a technical rebound. Do take note that to long is counter-trend, […]


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