Sheng Siong Group: as long as 0.452 is support look for 0.516

Our pivot point stands at 0.452.

Our preference: as long as 0.452 is support look for 0.516.

Alternative scenario: the downside breakout of 0.452 would call for 0.43 and 0.416.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day MA (respectively at 0.47 and 0.46).

Supports and resistances: 
0.53 *
0.516 **
0.502
0.47 last
0.461
0.452 **
0.43 *