Our preference: as long as 3.12 is support look for 3.41.
| Short Term View (Rise, Limited Rise, Consolidation, Limited Decline, Decline) |
Limited Rise |
|---|---|
| Change In Short Term View | None |
| Medium Term View (Bullish, Range, Bearish) |
Bullish |
| Change In Medium Term View | None |
Our pivot point stands at 3.12.
Our preference: as long as 3.12 is support look for 3.41.
Alternative scenario: the downside breakout of 3.12 would call for 3.04 and 2.99.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 3.2 and 3.11). Starhub is currently trading near its 52 week high reached at 3.3 on 08/05/12.
Supports and resistances:
3.47 *
3.41 **
3.36
3.22 last
3.16
3.12 **
3.04 *
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