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Starhub ST: short term rebound towards 3.02
Trading Central | 2016-12-27 00:00:00

Our preference: short term rebound towards 3.02.

2.68 is our pivot point.

Our preference:short term rebound towards 3.02.

Alternative scenario: below 2.68, expect 2.56 and 2.48.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands below its 20 and 50 day MA (respectively at 2.87 and 3.05). Starhub is currently trading near its 52 week low at 2.73 reached on 21/11/16.

Supports and resistances:
3.16 **
3.09 *
3.02 **
2.95
2.77 last
2.72
2.68 **
2.56 *
2.48 **

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