Wednesday, August 21, 2013

Starhub (technical)

Starhub: remains on a longer term uptrend, supported by the rising 50day and 200day MA. Near term technicals , which were recently weak, are starting to show initial signs of improvement, as the share price decline has tapered off, and stochastics and MACD are at the cusp of a turnaround. See support at $4.10 (200day MA) and resistance at $4.40.

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