SPH is still not out of the downtrend mode yet as reflected from the chart.
The current price of $3.55 is hovering below both 14SMA & 25SMA lines which is generally rather bearish.
Looks like it is going down to re-visit $3.50 the previous low price cum support level.
Breaking down of $3.50 with high volume that may drive the share price to trend lower towards $3.30 with extension to $3.00.
During market volatility / down trend mode the current price may seems cheap. But cheap can get cheaper. It will be wiser to wait for the reversal signal before deciding to Long/accumulate.
(trade base on your own decision)
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