Thursday, 12 January 2017

StarHub (CC3) - 12 Jan 2017


M1, Starhub join forces to combat new telco threat.
http://sbr.com.sg/telecom-internet/news/m1-starhub-join-forces-combat-new-telco-threat

StarHub technical chart shows a double bottom reversal at around $2.75.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_bottom_reversal

It is currently uptrend but interesting to see if it can break the $2.98 resistance level or it will become a double top reversal and retreat. 
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_top_reversal

Stochastic shows overbought and the trading volume is decreasing.

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