Sing Haiyi

After the strong selling down of WE Holdings and friends, the whole of last week was seen as the "come back" for penny play in most retailers eyes. Whenever such selling down had occured, never try to partake one even if the temptation is there. 

With respect to singhaiyi, I think the SM has took up the opportunity to push up the stock prices after the placement shares had come out. Old news actually...The operation did not not last very long as the pennies stocks had just undergo a massive sell down the week before. Any pull backs are just technical rebound and is unlikely to break its old top.(Short Term)


Daily Chart : Upthrust is seen.  End of rising market?

Hourly chart :



SD:Sell Down.BU :Buy up



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