SingPost 7 November 2014

SingPost (CD now. XD on 18 Nov. S$0.0125 per share)

Counter reached a new high recently at $2
Overall, 20 days 50 days and 200 days moving average is uptrending
Counter trying for new high after a period of rest
Might be well supported at 20 days moving average (Red line)
Else, next support is at $1.885 and $1.79 subsequently
Naturally, $2 will be the resistance

Possible good entry price might be between $1.885 to $1.925


SingPost

Advertisements

Come, leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s