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Friday, September 30, 2016

M1

Unusual strength in a weak market and on a day when other telcos stock are weak. Is  Keppel T and T strenght and massive volume today a sign that an M and A is brewing? Keppel T and T owns a 19% stake in M1. If Keppel Corp unload M1 Keppel T & T shareholders will be a happy lot!

Near term support at 2.38 resistance at 2.45 and 2.52 respectively.

All posts and charts are for educational and illustration purposes only

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