Tuesday, December 13, 2016

Sheng Siong

Another yield play going out of favour in a rising rate environment. Good yield play but market is rotating out of yield stocks to finance and energy stocks. Broke significant support at 1.00. If it cannot rebound above 1.00 it could be heading for its next support at 0.93








For Illustration Purposes Only
All posts and charts are for educational and illustration purposes only

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.