SingPost    Last:0.315   -

Will SingPost to test 1.17

 

Zodiac Dogs stamps.
wonder got cryptostamps versions?

 

div pathetic 4 cents per 1000 lot. sian.

 

should report quaterly results soon.

 

Stochastic quite bearish and short-term moving averages are all pointing downward. 

 

From the chart, there is a double top formation with support at $1.23

I will short it if this support is broken.

 

can go down then is good.singpost can slowly do share buy back. they sold5% to ali@ 1.70+
so if cna buy back same amount means balance of share holders make 40-50c for each share buy back.
so far buy back 9.6m shares so got 220+m to go.
so shortist quick short ah.
 

 

Technically Singpost is in short-term bearish momentum, waiting to see Singpost to test the 1.17 level soon.