Our telcos took a heavy beating recently when news our the 4th telco will be coming online next year.
Starhub after selling down on tuesday had an exceptionally high vol and selling didn’t continue today .Could it be a climatic sell and some rebound in sight? Well, resistance is at 2.82 and if that breaks possible to cover gap to 2.90 and maybe even to 2.95. Cut loss would be at 2.71 below the horizontal support.
Yours
Humbly
[…] up from our previous post (http://singaporehumblestock.com/2016/11/starhub/) we saw the climatic selling volume came in and was looking for an entry at 2.82. Starhub has risen […]