SATS – [ Hitting Our Downtrend Line, Biggest Loser Of The STI Component, Lets See The Chart]
Chart Source : Poemsview 18th Jan 2019
SATS is part of the STI component stock and is the leading provider of gateway services and food solutions in the region.
SATS had a nice rebound from around $4.56 to a high of $4.97 which also coincides with our downtrend line that we drew. After moving up that much it was time for a break for SATS and true enough the pullback came.
Our EXCLUSIVE CLIENTS were alerted, so that they could plan, prepare and proceed.
SATS came sliding down today and was the top loser despite STI closing positive. What a way to end the week. For now our first target $4.80 has been hit and if it closes below $4.80 we might see further downside to our second target as drawn on the chart.
Were you alerted of this trade analysis?
Want to be part of this EXCLUSIVE COMMUNITY to enjoy such value added services?
Don’t wait and CLICK HERE to see how you can join this community and all the exciting perks of being a Client of Kelwin&Roy
Yours
Humbly
Kelwin&Roy