Stay Up to Date with Robin's Market Updates

By providing us your personal data (i.e. name, email address and phone number), you acknowledge and consent to our collection of your personal data for the purposes listed below: • Sending you marketing, advertising or promotional materials related to the content of this website, whether by call, text or email; • Provision of products & services which you have requested for. Please note that you are entitled to withdraw your consent for the collection of your personal data at any point in time by clicking on the "unsubscribe" link in the emails you receive. You may also contact us via robinhosa@phillip.com.sg

Tuesday, February 13, 2018

SATS - Fundamental Is Still Positive But Technical Is Pointing To a near term correction

SATS -  Fundamentals remains positive  with strong traffic growth at Changi Airport and the opening of Terminal 4 on Oct 17 providing for longer term traffic growth but the Technicals points to a correction to 4.87 in the short term, if it continues to stay below 5.30 for a longer period.

All posts and charts are for educational and illustration purposes only

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.