StarHub

Touching the support trend line and bouncing off it. StarHub remains on the up trend. Market is still a bit uncertain although the run today proves to be a welcome change. As of writing this, Wall Street is still up but not by much.

CNBC reporter said that typically the street ends up pre-holiday. I will wait and see. If Wall Street holds and the market sentiment positive, StarHub might retake 50% retracement at $2.15, coincidently it is also the 90 day EMA. SH holds now at 38.1% retracement @ $2.10. All indicators point upwards. Daryl Guppy uses 10, 30 and 90 EMA as it measures short to medium term. I do check with the 200 day/40 week EMA for a more long term view.

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