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Thursday, March 12, 2020

Haw Par

Chart wise, today a bullish pin bar has appeared and it seems that Bull has manage to take control of the Bear.


 It has managed to bounce off from the support at 10.57 and close slightly higher at 10.86.


 NAV of $14+ . P/B is below 1 and PE I'd 13+ seems interesting!


Short term wise, let monitor and see if it is able to follow through and continue to rise higher for the next 2 days. Failure to do so, I think it may continue to head south and go further down to test $10 or $9.90 level.

Not a call to buy or sell.
Pls dyodd.

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