Monday, November 21, 2016

Starhub: A sell down to a new recent low, then a rebound, is the selling really over? Let's see what the system says again.... price 2.77

Today, we have seen a NEW Multiyear low for Starhub with is hitting a low of 2.73……

Indeed quite a rapid sell down when it was just above 3.00 last week only…..

Have sent a few emails to client last week to take note but more importantly…

PTI graduates were already alerted to 2 BEARISH ENTRY SIGNALS on 3 Nov 2016 AS SEEN BELOW

2 completely different strategies pointing to the same SELL signal…. How good is that…

Anyway, Sell entry price was at 3.25….. and down it went all the way till today where it hit a low of 2.73 before some short covering….

Can there be more weakness from here ???

To be honest, there are still NO EXIT SIGNALS YET, graduates can check so yes there can be more weakness…..

Thanks to a system for making things so much simpler for me and great to be able to share it with my students too….

4 more days to welcoming my next batch of Precision Trading Intensive program students…. Can’t wait….


Recent Emails:

Sent: Friday, November 18, 2016 8:54 AM
Subject: ******* Starhub: A move below 3.00 can see more selling, price 2.96

Sent: Monday, November 14, 2016 9:39 AM
Subject: ******** Starhub: May start to see some short covering near 3.00, target almost hit, price 3.03

For illustration purpose only

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