Charts Series #1
Waiting for breakdown? Possibly due to divestment of SATS. But somehow I believe shareholders’ value will be unlocked and released. Meaning..
SIA now < SIA after divestment + SATS shares distributed
STI on the uptrend though extremely overbought. For me, I would just let profits run until breakdown of lower trend line.
I’ve been waiting so long after selling my rubbish Banjoo shares to buy this gem. Beautiful. Breaking 0.965 would see it making newer and newer highs. Did i mention that fundamentally, Sihuan is almost unscathed from the economic crisis? At least given the past few financial results.
SSE bounced on trendline resistance and MA, recovering to –5% drop from –7.7% drop. Still a wait and hold view.
