Bottoming out process has started! A break above 1.415 will accelerate the price advance to 1.47 and 1.51.
All posts and charts are for educational and illustration purposes only
Showing posts with label Singpost. Show all posts
Showing posts with label Singpost. Show all posts
Thursday, May 4, 2017
Wednesday, October 12, 2016
Singpost
The long ongoing discussion with Alibaba for further collaboration has stalled thrice as both parties were not able to fufill certain condition laid down in the initial investment agreement. The deadline is the end of Oct. Could the appointment of the new CEO Sam Ang lead to a positive outcome this time round? This blog is watching The Postman price action closely and must say that there has been very good support at 1.525 and 1.53 inspite of the weak STI. Singpost next resistance is 1.58 , however if there is an positive outcome it could go as high as 1.70 from a chart point.
All posts and charts are for educational and illustration purposes only
Tuesday, September 20, 2016
Singpost
Singpost rebounded to 1.465 today after Maybank KE report TP
raised 37% to SGD1.77. The stock should head to 1.48 to 1.50 level in the
short term. I the price can stay above 1.50 we could expect further upside at
1.555.
All posts and charts are for educational and illustration purposes only
Monday, June 13, 2016
Tuesday, October 21, 2014
Monday, May 26, 2014
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