On Monday, SPH broke the critical resistance at $4.26 and closed at $4.31 with HIGH volume of 12.18 million shares traded.

RSI & MACD are bullish though RSI already in overbought region.

Important Resistance of SPH: 5 year high resistance

Immediate Support of SPH: $4.26

Currently prices are well above the 20/50/100/200 days MA.

SPH broke the critical resistance with high buying pressure today as investors buy on the good news released before the market open.

There is no resistance in sight as prices are at 5 years high resistance.

Too late to buy now as investors may choose to take profit tomorrow. Do consider to sell instead if vested upon pullback. Wednesday would be a good timing to sell.

Important News

Singapore Press Holdings Ltd. (T39.SG) is planning an initial public offering of its properties in Singapore. The planned listing will take the ...