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Friday, March 3, 2017

Sunningdale Tech

Update 17th Mar 2027

My earlier Target price of $1.50 has been hit and the price is still continued to trend higher.
The driving force is Super strong and is likely to continue trend new high.
Friday we have again witnessed the breaking out occurred at $1.59 the previous high . Couple with high volume and closed well at $1.62. This is rather bullish.

Short term wise, it may likely move up to test $1.65 then $1.70 with extension to $1.80.
(Trade base in your own decision)


Sunningdale Tech - 3rd March 2017

Sunningdale Tech had a very nice running up from the low of $1.09 on 3rd Jan 2017 and head higher to touch $1.38 on 3rd March 2017. This is rather positive.



Both Macd & Rsi are still rising which may provide further indication that the share price may continue to trend higher.

Short term wise, I think it may likely continue to trend higher. Breaking out of $1.38 with ease + high volume that may propel to drive the share price higher towards $1.40 then $1.45 with extension to $1.50.
( trade base on your own decision)

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