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Saturday, March 2, 2019

Sunningdale Tech

Looks like a pump and dump situation!


Pump up to a high of 1.67 before result announcement.

After the FY results is out, it seems like result is not within analyst expectations.

Sold down from 1.67 to 1.46.
Down 21 cents + coupled with high volume, looks bearish!


Not sure has the selling down completed , if not, we may see further selling down pressure to challenge 1.40 then 1.35 & 1.30 level.

I think analyst has down graded to reduce status with a price tag of 1.20 - 1.37.


Not a call to buy or sell.

Pls dyodd.


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