Wednesday 13 June 2012

Singapore Stock Tip: A look into Starhub

Dear Friends,

Do you remember us recommending Starhub ever since its upward move from $2.90 when it broke out?

Our last article of this stock is in end of April where we mentioned that this stock is still strong.

Indeed the highest it has gone is $3.30, which is what we called the "Law of gravity of Price".

Today it ends at $3.29. Let us see if this stock can go past $3.30. If it can stand above $3.31, it might have a chance of travelling towards $3.40. The thing is this is a high dividend stock. You might consider owning it for defensive play.


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