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.
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

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