SATS – [ Hitting Our Downtrend Line, Biggest Loser Of The STI Component, Lets See The Chart]

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18th January, 2019, 5:34 PM

SATS – [ Hitting Our Downtrend Line, Biggest Loser Of The STI Component, Lets See The Chart]algo” alt=”SATS 18th Jan 2019″ width=”963″ height=”548″ srcset=”http://algo 963w, http://algo×171.png 300w, http://algo×437.png 768w, http://algo×341.png 600w, http://algo×406.png 713w” sizes=”(max-width: 963px) 100vw, 963px”>

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Chart Source : Poemsview 18th Jan 2019

SATS is part of the STI component stock and is the leading provider of gateway services and food solutions in the region.

SATS had a nice rebound from around $4.56 to a high of $4.97 which also coincides with our downtrend line that we drew. After moving up that much it was time for a break for SATS and true enough the pullback came.

Our EXCLUSIVE CLIENTS were alerted, so that they could plan, prepare and proceed.

SATS came sliding down today and was the top loser despite STI closing positive. What a way to end the week. For now our first target $4.80 has been hit and if it closes below $4.80 we might see further downside to our second target as drawn on the chart.

Were you alerted of this trade analysis?

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The post SATS – [ Hitting Our Downtrend Line, Biggest Loser Of The STI Component, Lets See The Chart] appeared first on algo investing.

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