SPH: BUY calls aplenty.

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AK71 commented on sold alibaba for 51 gain: “Hi SgFire,Taking profit is never wrong. Gong Xi Gong Xi. :)”

AK71 commented on dbs share price to stay higher for: “Hi jeff, Apologies for the slow reply.I remind myself that…”

SgFire commented on sold alibaba for 51 gain: “Hi Ak, took profit on baba and sitting on profit with…”

jeff commented on dbs share price to stay higher for: “Hi Ak, im new to investing the banks now are rather pricey,…”

jeff commented on dbs share price to stay higher for: “hi ak,Im new to investing, however now the banks are very…”

AK71 commented on dbs share price to stay higher for: “Hi Yv,Huat Huat 2025 to you too! :)”

AK71 commented on dbs share price to stay higher for: “Hi bunny,Nope. Not adding.Last time I added was before they…”

AK71 commented on dbs share price to stay higher for: “Hi Deet,I am somewhat busy and might be late in looking at…”

AK71 commented on dbs share price to stay higher for: “Hi Unknown,As long as you have the shares when it goes Cum…”

AK71 commented on dbs share price to stay higher for: “Hi zhenling,That can either be a good or a bad thing.…”

AK71 commented on dbs share price to stay higher for: “Hi KK,That would be more accurate. Thanks for this.”

Yv commented on dbs share price to stay higher for: “Dear AK, Happy HUAT Year to you. Hoping to equally good…”

bunny commented on dbs share price to stay higher for: “Morning AK, would you still increase the holdings to DBS…”

Deet commented on dbs share price to stay higher for: “Hi AK, Thanks for talking to yourself!I'm eagerly…”

Unknown commented on dbs share price to stay higher for: “Hi AK, thanks for the sharing. I am new to stock. Do you…”

Unknown commented on dbs share price to stay higher for: “Hey AK, I am new to stock. Do you know if I were to buy DBS…”

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SPH: A slew of BUY calls from brokerages on the back of sterling results for 3Q10 sent the share price of SPH higher today. $3.95 resistance is now support. Up channel resistance has been broken. MFI and RSI continue their upward trends. OBV shows continuing accumulation. Sell signal on the MACD histogram negated. Volume more than doubled as price touched a high of $4.00 today and closed 5c higher than the previous session at $3.98. Same question: $4.08? Looking more probable now. Punters who are considering a punt could possibly have an ideal entry point at $3.95 if this support is tested again.

Related post:
Charts in brief: 12 Jul 10.

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