Technical Analysis
Shouldn’t lose focus – Sky One Holdings Limited
By Stock Market  •  October 15, 2013
Since 4 Oct 2013 onwards, it seems that quite a lot of investors may be attracted to the news on Liongold, Asiasons and Blumont ("LAB"). While the attention focus "LAB" and its possible related and perceived to be related stocks, one should not lose focus.
 
In recent Edge Singapore, it featured about Ezion-YHM-Ocean Sky, there is also another company may worth to mention about. For example, on 25 Sept 2013, Sky One Holdings Limited made an update announcement.
 
Attached below is the daily chart of Sky One, updated as of 14 Oct 2013. 
Scanning through its past corporate announcement for the past 24 months, it was noted that on 9 Nov 2011, it started an acquisition of PT Energy Indonesia Resources.
On 4 Oct 2013, it has been spooked by the "LAB" effect reaching a day low of 0.350 before recovering to close at its day high of 0.470.
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