Shares & Derivatives
Will You Buy these stocks NOW?
By Singapore Stocks Investing (SSI)  •  February 19, 2017
Jumbo since reaching an all-time high of $0.78 has retreated as investors rotated between penny stocks play. Jumbo stock closed at $0.71 today, a 8.9% decline from the all-time high. Currently, Jumbo stock is oversold. Will Jumbo stock rebound? Or will Jumbo stock head further south? Of course, I do not know though on the technical charts, I note that supports are at $0.70, $0.68 and $0.64. Starhub remains oversold and there is no clear trend of an upbound. Currently, this is the penny stocks rally and hence blue-chips stock might find it hard to rally as it is not the season for blue-chips stock now. Penny stocks like GSS Energy and Alliance Minerals continue to dazzle with their spectacular rallies and if one wonder whether he is too late to the party, then it probably is. And the best thing to do is ......
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By Singapore Stocks Investing (SSI)
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