SATS continued its movement seeing close to a 3% upside move from yesterday’s close. This is higher than the movement of the STI. It reached the 50ema of around $2.90 which was a resistance we mentioned just yesterday! SATS couldn’t break above it which we kind of expected as this could be a strong resistance.
If it can consolidate around this range then it might be ready to take on the next level at $3.01.
We hope you learnt something from our sharing yesterday!
Want such analysis sent to your phone via whatsapp?
Just drop us a message and you’ll let you know how.
Yours
Humbly
Kelwin&Roy
The post SATS – [ Moving Up From Yesterday’s Blog] appeared first on Singaporehumblestock.
Created by humblestock | Jun 06, 2024