Tuesday, 24 January 2017

M1 (B2F) - 24 Jan 2017

M1's Q4 profit down 27.1% to S$31.8m as traditional telco services take a hit


M1 has been on the uptrend since 27 December 2016. Stochastic shows overbought.

After M1's Q4 financial results, the stock opened down today at $2.10 and broke the uptrend line.

The technical price support is at $2.06 and the next support is at $2.03.

The price resistance levels are $2.10 and $2.14.

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