As requested by JAMES. Listed since 19 November 1999 on SGX Mainboard, MediaRing provides telecommunications solutions and systems such as Voice over Internet Protocol (VoIP)telephony.
From the chart, significant support is established at .34, rsi showing strength and could bring it towards .40 again, which is a significant resistance. Downside risk is a break of .34 towards .315.
On the boardroom front, MediaRing's top managment will be meeting up with PacNet's on having MediaRing's representation on the PacNet's board. Could be issue used to play the stock on news of possible avenues of synergy in collaborations.
From the chart, significant support is established at .34, rsi showing strength and could bring it towards .40 again, which is a significant resistance. Downside risk is a break of .34 towards .315.
On the boardroom front, MediaRing's top managment will be meeting up with PacNet's on having MediaRing's representation on the PacNet's board. Could be issue used to play the stock on news of possible avenues of synergy in collaborations.
1 comment:
Trapped in a symmetrical triangle for now.
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