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For a $2 stock, movement of a couple cents either way is common. Do not see it affecting the trend.
Midday close 2cts down...uptrend still intact?
vested 10 lots at $2.21 too...good luck guys...
I took a small bite at $2.21. Will average up as it moves on.
yeah... I think so. I bought in at 2.22 at around 4.30pm.
I always make it a point to execute a trade after 3pm after the day's trend is roughly known.
I always make it a point to execute a trade after 3pm after the day's trend is roughly known.
Star Hub closed at $2.23 just one cent below today's high. A bit unexpected as there was quite a lot of selling towards 5 pm and I thought it will close at $2.20. I think uptrend has been established with this positive move.
Thanks, Singaporegal. Point taken and appreciated.
My advice is to wait and see what happens tommorow or the day after. While most indicators pointing up, I find it has not yet established an uptrend yet (the Acc/Dist chart looks a little uncertain).
If it's about to close near to tommorow's high at high volumes then it would probably be a good time to go in. If it's to close nearer to tommorow's low, then I suggest wait and see.
Lets see what unfolds at 3-4pm tommorow.
If it's about to close near to tommorow's high at high volumes then it would probably be a good time to go in. If it's to close nearer to tommorow's low, then I suggest wait and see.
Lets see what unfolds at 3-4pm tommorow.
Thanks for your input. I consider going in soon.
Agree. Most indicators are pointing at an uptrend.
Generally agree... it may be on uptrend now. But I suggest that any decision to buy be made later in the week. Let the signals confirm first. Not too late because the stock is not yet overbought.
Recommendation from OCBC. Agree/disagree? Any comments?
Stock Pick: STARHUB LTD
Rating: TRADING BUY
Target Price: $2.50
Entry Price: Below $2.20
Stop Loss: Below $2.11
That's right.
A malaysia firm owes significant pie of M1. For Starhub to buy over M1, Starhub may have to pay high price.
It looks like starhub might be in for a huge rebound soon.
something tells me starhub might buy over M1. just a wild thot. If it happens, which stock to buy huh?
I hope so. It rebounded at $2.13. But closed $2.20. Still need to wait to breakeven...
Star Hub is now showing signs of bottoming out. Could be revering upwards soon. Stay tuned.
As expected... still heading south
I thought so when it was $2.23. Loaded then. But it seems to go south...Hope to recover in mid term.