Stay Up to Date with Robin's Market Updates

From 1 June 2018, live market updates from Robin will only be sent to subscribers via email.

To continue to receive the latest updates, please subscribe.

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

No comments:

Post a Comment