On Thursday, Starhub broke the support at $2.85 and closed at $2.83 with HIGH volume of 2.62 million shares traded.
A long black candle sticks with short upper/lower shadow affirms that investors have no qualms in selling down the stocks.
Both RSI & MACD are turning bearish as MACD about to cross down.
Important Resistance of Starhub: $2.85
Immediate Support of Starhub: $2.82
Currently prices are supported by 20 days MA at $2.82
Today Starhub undergo heavy selling pressure as prices re-test the support at $2.82. This is a bearish signal especially the earning report is due tonight.
The minor support at $2.82 is weak and the stronger support will be at $2.79.
Too high to buy now. But watch for any high selling pressure tomorrow if vested since the earning report is just out.
On Thursday, Kepcorp re-test the support ...
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