Monday, May 25, 2020

𝐈𝐬 𝐈𝐭 𝐓𝐢𝐦𝐞 𝐭𝐨 𝐁𝐮𝐲 𝐒𝐀𝐓𝐒? 𝐈𝐬 𝐭𝐡𝐞 𝐒𝐞𝐥𝐥𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐥𝐲 𝐎𝐯𝐞𝐫?

Over the past 3 months, we have seen SATS selling off by a 𝘄𝗵𝗼𝗽𝗽𝗶𝗻𝗴 𝟰𝟬% amidst the unfolding pandemic.. 😷

It has rebounded in March and recovered about half of that drop BUT..

Sellers were 𝗝𝗨𝗦𝗧 𝗡𝗢𝗧 𝗹𝗲𝘁𝘁𝗶𝗻𝗴 𝗴𝗼.... Weakness came back! 🚧

Hey there, Joey here, Top Tier Remisier in Phillip Securities.

Check out this video where I talked about where we are right Now for SATS as of 𝟐𝟏 𝐌𝐚𝐲 𝟐𝟎𝟐𝟎,

and if the selling is really over.

Some short term upside rebound may be possible but NOTE that near 𝐜𝐞𝐫𝐭𝐚𝐢𝐧 𝐥𝐞𝐯𝐞𝐥𝐬,

we may see selling returning, just like what we have experienced in the past 2 months.. 🤞

See what I mean..

More importantly, you want to take note of this 𝗞𝗘𝗬 𝗦𝗨𝗣𝗣𝗢𝗥𝗧 that it is trying its best to hold above. 👈👈

Still holding the fort for now BUT not too sure how long... 🤐

Like and Share if you found it useful.👍

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