The momentum is Starhub is just too bearish. Now, it is at the weak support of $2.50
I am expecting it can go down a lot lower.
It should easily go to $2.15.
It is sort of late for short but do not catch the falling knife by going long.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and...
Buyers around price between 1.90 and 1.87 both prices inclusive.
If you consider some purchase or you might have purchase at higher price that is alright.
Keep the shares and allowed price to rally and obtain a fair share of your lot.
Whenever you put up a trade, as long as don't trade with the money you need for daily necessity.
SGX:SGP1!
Mid Term trade idea for SGX:SGP1
Due to the weakening dollar (DXY) testing a very strong support level, and Singapore market being negatively correlated with the dollar...
If the USD bounces above its key long term support, it would then mean that Singapore market would be in a period of intermediate correction.
Alternatively, if the USD breaks below...
Price seems to be slowing down.
Once 2.8 broken, we can easily see it reaches the next support at 2.74
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity...
1.92 very very important support zone
2.13 first resistance
Very low risk entry if price could go to 1.92 for a good long trade
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if...
Price ranging for sometime
Will look for long ONLY if it breaks $2.1
Seems like resistance is still holding well.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging...
Price is at multi-year high (Dec 1999) $24
Price could see a temporary retrace, but will not be looking to short this pair as support of 23.4 is near.
unless $23.4 is broken, short would then be considered.
Next support zone, $21.5 / $20.5
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute...
Risk
- 6 Nov Earnings
*Weekly Dip (2nd Trench)
Buy @ 1.22
Stop @ 1.17
Target @ 1.415
- Play Small
- Hold for 3 or more weeks
- Do not be shaken out
- Set stop orders accordingly
This lil SGX counter is in Bull flag formation.
It is doing it dirty deed to whip weak longs out.
I am seeing possible bottom near 1.40 to 1.48 area.
It shall go HIGHER thereafter. It is go to 2.3 to 2.40 region.
Please keep in mind that it is O&G counter. That means the upside of it is pretty depend on Oil Price too.
Trade Safe,
s0nic
