SPH has been seeing weakness since the beginning of last year actually, 📉
Way before the COVID -19 pandemic hit which kind of accelerated its descent over the past few months...
From a high of 2.50 in Jan 2019 to about 1.46 now. 😭
(That is like 𝟒𝟏% 𝐝𝐞𝐜𝐥𝐢𝐧𝐞 𝐢𝐧 𝐬𝐥𝐢𝐠𝐡𝐭𝐥𝐲 𝐨𝐯𝐞𝐫 𝐚 𝐲𝐞𝐚𝐫)
Joey here, Top Tier Remisier in Phillip Securities.
I have quite a few clients asking me if 𝗡𝗢𝗪 𝗶𝘀 𝗶𝗻𝗱𝗲𝗲𝗱 𝘁𝗵𝗲 𝗿𝗶𝗴𝗵𝘁 𝘁𝗶𝗺𝗲 𝘁𝗼 𝗯𝘂𝘆?
What do you guys think? 🤔
Well, I normally don't encourage clients to buy in a downtrend cause it can still push lower and nobody knows till where..
Watch this video (𝑹𝒆𝒄𝒐𝒓𝒅𝒆𝒅 𝑳𝒊𝒗𝒆 𝒐𝒏 13 𝑴𝒂𝒚 2020) to Discover if the Downtrend can still Continue and more importantly,
𝐖𝐇𝐘 you want to take note of this 𝗖𝗥𝗜𝗧𝗜𝗖𝗔𝗟 𝗟𝗲𝘃𝗲𝗹 that is lending it some support for now.. 🙏
See what I mean in the video.
Like and Share if you found it useful.👍
Watch Video here >> https://www.facebook.com/tradingimpossible/videos/868305046988799/
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