SingPost seems to have managed to bounced off from the low of $1.285 and continued to head hihger to touch $1.47 on 25th Feb 2016. This is generally rather positive.
The current price of $1.46 is staying above both 14SMA & 25SMA lines which is rather bullish.
MACD are still trending upwards which may provide further catalyst to drive the share price higher.
Although RSI indicator has been showing sign of a overbought situation.
SingPost seems to have held up well especially during this market selling down.
Short term wise it may continue to head higher towards $1.50. Breaking out of $1.50 may see it rises towards $1.60.
It will be good to lock in your profit since it has already entered into overbought territories.
(trade base on your own decision)
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