WMN, not sure why you posted this here. The RSI on SGX on both daily and weekly charts is far from overbought. Also stocks can remain over bought for long periods of time.
In fact the SGX charts are looking very strong. Weekly MACD is near for zero and rising and on the daily we are above the 50 and 200 day moving average.
It looks like the 50 day MA will cross the 200 day MA (Very bullish) around the same time as the weekly MACD will cross above zero (also very bullish).... watch for increased volume after this as technical traders may decide to move in ...
caveat ... while market cap is the key, the reason most people don't like stocks with large floats is that technical traders generally stay away ... so in general you will not see huge swing in the SP. However, is Sage has the goods, it won't matter too much. Wealth is not created in one day.
On a side note, as someone said, many are on vacation. that would include me. Up in the great white (near) north playing with my new Bell turbo stick.
See you in a week
