Straits Asia 05-Oct-10 (Update on previous Sell, position closed)

Entry Price: 2.28
Cut loss: 2.30
Loss: 1%

Price testing long term resistance (Orange line) for the 5th time. Given the short term uptrend line (Blue line) and the high volume buy up, expect the resistance to be broken to test short term uptrend (Blue line) resistance of 2.45.