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.
http://www.danielloh.com/2012/04/singapore-stock-tip-starhub-is.html
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.
Rgds
Daniel