Thursday, May 20, 2021

𝐒𝐏𝐇 𝐒𝐭𝐨𝐜𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 - 𝐑𝐞𝐯𝐞𝐫𝐬𝐚𝐥 𝐢𝐧 𝐏𝐥𝐚𝐲 𝐍𝐨𝐰? (𝐍𝐨 𝐦𝐨𝐫𝐞 𝐔𝐌𝐁𝐑𝐀𝐆𝐄!)

 

Just about 2 weeks back, we saw 𝐒𝐏𝐇 𝐭𝐚𝐧𝐤𝐢𝐧𝐠 𝐝𝐨𝐰𝐧 𝐛𝐲 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝟏𝟎% and I started to know the meaning of this new word umbrage. 😅

 

Unless you have been living under a rock, the sudden move down was due to their management announcing its restructuring plans.

 

It gapped down, then some support came out and the weakness seemed to have stopped. 🙅

 

𝐒𝐎 𝐖𝐇𝐀𝐓 𝐍𝐎𝐖?

 

 

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

 

In today's video, we will dive into the chart of SPH so you get a clearer picture of what are some of the levels to take note of NOW. 🙋

 

We have started to see some strength coming back over the past few week surprisingly so is the reversal on track?

 

If yes, what are the potential upside target where we can head to before more selling..

 

What about the 𝟏𝐆𝐓 𝐬𝐲𝐬𝐭𝐞𝐦 𝐭𝐡𝐚𝐭 𝐈 𝐡𝐚𝐯𝐞 𝐰𝐡𝐞𝐫𝐞 𝐰𝐞 𝐡𝐚𝐝 𝐚 𝐜𝐨𝐮𝐩𝐥𝐞 𝐨𝐟 𝐛𝐮𝐥𝐥𝐢𝐬𝐡 𝐞𝐧𝐭𝐫𝐲 𝐚𝐧𝐝 𝐞𝐱𝐢𝐭 𝐬𝐢𝐠𝐧𝐚𝐥𝐬 over the past few months... 👀

 

What does it says?

 

Well watch this video all the way to the end to find out if we should continue to take umbrage in the stock or instead, 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐨𝐮𝐫𝐬𝐞𝐥𝐯𝐞𝐬 𝐭𝐨 𝐫𝐢𝐝𝐞 𝐢𝐭...🤞

 

Watch here >> https://youtu.be/wZuAXmPiNtw

 

 

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