On Monday, SPH trend sideways and closed at $4.04 with LOW volume of 1.325 million shares traded.
RSI & MACD are flat as RSI trend sideways.
Important Resistance of SPH: $4.12
Immediate Support of SPH: $3.98
Currently prices are supported by 20/50 days MA.
SPH seems to lost its strength in rally as it began to trend sideways recently.
The support at $3.98 is expected to be strong.
We would not suggest to buy now as the prices are on the high side. Pullback to $3.93 would be a better idea instead as it has been proven before
Important News
Semiconducter firm STATS ChipPAC Ltd has reached a US$26.7 million (S$32.8 million) property damage insurance settlement with its insurers, as compensation for damage to plant and equipment from the flooding of its facility in Thailand.
Stock Chart: SPH! is contributed by : ...
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