Sarine Tech

After touching the low of 35.5 cents, it had managed to stage a strong rebound and take it higher to hit 49.5 cents ! Coupled with high volume this is rather bullish!


It is now taking a break and may likely resume this Uptrend mode to re-attempt 49.5 cents again.

MACD is rising which may likely provide further indication of rising further?


Short term wise, I think a breakout of 49.5 with good volume that mat drive the share Higher to 54 then 59 with extension to 64 cents .
NAV of about 26 cents .
PE 15.5x.
Dividend yield of 5.7%.



Not a call to buy or sell.

Pls dyodd.