Friday, 23 December 2016
Thursday, 15 December 2016
Singpost Movement Update
TA view for illustration purpose only.
After hitting high of 1.65 (upon Alibaba stake increase announcement), Singpost corrects down and hit as low as 1.43, reacting the poor 2QFY17 earnings. After that, it muted to market general movement and has been trading in the tight range of 1.46-1.48. It could be establishing an accumulation phase.
After hitting high of 1.65 (upon Alibaba stake increase announcement), Singpost corrects down and hit as low as 1.43, reacting the poor 2QFY17 earnings. After that, it muted to market general movement and has been trading in the tight range of 1.46-1.48. It could be establishing an accumulation phase.
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| (source : Poems Historical Chart ) |
UOL TA
UOL currently near to mid term high of 6.29, establishing a bullish trend. Next support 6.12, stronger support is 5.93.
Another peer in STI, Capland, does not show any clear trend but stuck at range bound. Supports and resistances as shown:
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| (source : Poems Historical Chart ) |
Another peer in STI, Capland, does not show any clear trend but stuck at range bound. Supports and resistances as shown:
 |
| (source : Poems Historical Chart ) |