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Starhub ST: short term rebound towards 3.17
Trading Central | 2016-12-06 23:42:00

Alternative scenario: the downside breakout of 2.8 would call for 2.68 and 2.61.

Our pivot point stands at 2.8.

Our preference:short term rebound towards 3.17.

Alternative scenario: the downside breakout of 2.8 would call for 2.68 and 2.61.

Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day MA (respectively at 2.92 and 3.2).

Supports and resistances:
3.32 **
3.25 *
3.17 **
3.1
2.91 last
2.85
2.8 **
2.68 *
2.61 **

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