Singapore Stock Picking

Chartered is facing immediate resistance at 15 cents (23.6% fibonacci retracement) currently. A break above this resistance will poise for further upside to test on its 38.2% fibonacci retracement around 18 cents - 18.5 cents. Other resistances are its 50-day moving average and gap created on 9 March 2009. There is an old saying that all gaps will be filled. Let's see whether the gap on this chart will be filled or not (partially or completely).