Singapore Post on CSI MetaStock
MetaStock CSI System Scan is for Long Term Trade. There was a signal buy on Singapore Post.
Conditions for Buying are the occurrences of Green Ribbon, Blue Bar and Buy arrow.
Trigger is one bit above prior day high, and Cut Loss is one bit below prior low.
Singapore Post Entry is 1.07, Cut Loss 1.03. You may get out when the signal ‘Buy Exit’ appear and Candle turn to be Red. If the next following day price does not hit 1.07, keep monitor this stock until break the prior day high, one bit above it be your trigger.
Singapore Post is one of the Defensive Stocks in Singapore. What Does Defensive Stock Mean?
A stock that provides a constant dividend and stable earnings regardless of the state of the overall stock market.
Many active investors will invest in defensive stocks if a market downturn is expected.
Singapore Post remain stable during the various phases of the market cycle. During recessions it tend to perform better than the market.
Singapore post pays dividend 2.5 cents per share together with the interim dividend payments of 1.25 cents per share for each of the first three quarters of the financial year.
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[...] previous post of Singapore Post on CSI MetaStock on Feb 5, 2010 was calling to buy on Feb 17, Entry [...]
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