DJ MARKET TALK: Advance SCT May Hit S$1.20 In 3Q - Fraser
2351 GMT [Dow Jones] STOCK CALL: Advance SCT (5FH.SG) may set consecutive new highs once minor resistance at S$1 level breached, says Fraser Securities. Stock +17% at S$0.995 yesterday. Despite recent sharp gains, broker says stock's medium term technical signals like weekly RSI, MACD not at overbought levels, suggesting rally may continue with minor pullbacks along the way to correct short term overheating conditions. Tips next upside target at S$1.20, which "should be within reach" in next quarter. (FKH)