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Round and round it goes, who is the next to run?
 
Singapore

Straits Asia Resources
 
Straits Asia Resources is one of the potential counters waiting to ride on the commodity sector rotation. With the recent run, it is poised to break its immediate resistance of $1.86. Another resistance can be seen at $2.04. Previously Straits Asia Resources has been nicely supported by the rising window acting as support at $1.66 to $1.68. Be on a lookout for this window to support Straits Asia Resources again in the future. However at this moment in time, Straits Asia Resources is quite far from its 20-day moving average to act as a potential support. Hence, to enter at this moment would involve a higher risk. Do look out if this counter can break the recent high resistance of $1.86 with higher than average volume
 
 
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