Friday, November 14, 2014

*********************** Singpost: Rebounded from last Friday call, 1 week on, what's the view now?

Price at 1.945 now, should you still hold on or take profit?


Sent: Monday, October 27, 2014 9:25 AM
Subject: Follow Up ********************* Bullish Setup: Singpost - Potential upside ABOVE 1.90 Resistance... price 1.97
Has broke above 1.90 convincingly as per previous BUY CALL. Likely to test 2.00 resistance level next. May consolidate from 1.95 to 2.00 before more direction. For those who have already taken profit, can consider accumulating on dips again above 1.95.  J

Sent: Tuesday, October 21, 2014 9:11 AM
Subject: Follow Up ********************* Bullish Setup: Singpost - Potential upside ABOVE 1.90 Resistance... price 1.905
From previous BUY CALL, signpost has consolidated from 1.80 to 1.90 for more than 2 weeks. Note that any breakout above 1.90 resistance level can signal a new upward phase to test 2.00. Have been trending upwards above the channel support line since April and long term uptrend still in place with 200 DAY MA line still sloping upwards gently. Breakout above 1.90 can pave the way to 2.00 fast. Stop loss at 1.885

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