Near-Term Movement - SATS (it needs to break through 360 before meeting the resistance at R378/R388)
As expected, indeed at the current stage, it is not easy to break thtough 360, unless we have solid buying volume to push it further. No huge surprise if it is hovering at the current band for a while. Anyway, it is a good stock for long term that uptrending towards 378/388 is conservatively forecasted.
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taylormartin : All good news are out. Profit taking will kick in.