TA for SATS,
- Trend - Side -> Down (bearish)
- Momentum - Oversold (bearish)
- Support - 2.37
- Resistance - 2.51
- Candlestick - Gap Down - black Marubuzo (bearish)
- Volume - 3x
SATS is another Falling Knife, looking back into any change in Fundamental - which I do not see any nor any Analysts Downgrade of this stock. It should be the effect of SIA curse.
Warning : Don't Touch this stock. Think of Buy Low, it will get lower.
If you need to enter, at least - ensure that it is confirmed at support with a bullish candlestick.
1 comment:
Hi Paul, at current price, United Engineers seems to be offering attractive yield. Would like to hear your views on this counter. Thks.
Kim
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