SingPost had managed to bounce off from the low of $1.285 on 28th Jan 2016 and head higher to touch $1.445 on 18th Feb 2016. This is generally rather positive.
The current price of $1.425 is slightly above both 14SMA & 25SMA lines which is still not a clear indication that it has convincingly Reversal this downtrend.
It will need to see how it fare for the next few trading days in order to confirm the short term Uptrend mode.
On the positive side is that both MACD & RSI are turning upwards that may provide further strength that the share price may continue to head higher.
Generally long term is still on a down trend mode and any short term trade will be good to lock in your profit quickly.
Breaking out of $1.465 may see it prices head higher towards $1.50 with extension to $1.58.
(trade base on your own decision)
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