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SATS' Stock May Extend Price Gains After Breaching Major Resistance

0108 GMT - SATS' stock price may extend gains after breaching major resistance at S$3.15 on Tuesday, Phillip Securities Research's Zane Aw says in a commentary. This upside break has come after the stock price rebounded above the S$3.03 level at end-June, which provides a bullish signal on the technical chart, the analyst says. The moving average convergence divergence indicator shows increasing upward momentum with a bullish crossover formed recently, the analyst says. The stock price is likely to rise further and reach S$3.40, a previous swing high resistance level seen in mid-February, the analyst adds. The stock is unchanged at S$3.24.

SATS' Stock May Extend Price Gains After Breaching Major Resistance

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This upside break has come after the stock price rebounded above the S$3.03 level at end-June, which provides a bullish signal on the technical chart, the analyst says. The moving average convergence divergence indicator shows increasing upward momentum with a bullish crossover formed recently, the analyst says. The stock price is likely to rise further and reach S$3.40, a previous swing high resistance level seen in mid-February, the analyst adds. The stock is unchanged at S$3.24. ","content":"<p>SATS' stock price may extend gains after breaching major resistance at S$3.15 on Tuesday, Phillip Securities Research's Zane Aw says in a commentary. </p><p>This upside break has come after the stock price rebounded above the S$3.03 level at end-June, which provides a bullish signal on the technical chart, the analyst says. </p><p>The moving average convergence divergence indicator shows increasing upward momentum with a bullish crossover formed recently, the analyst says. </p><p>The stock price is likely to rise further and reach S$3.40, a previous swing high resistance level seen in mid-February, the analyst adds. </p><p>The stock is unchanged at S$3.24. </p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SATS' Stock May Extend Price Gains After Breaching Major Resistance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSATS' Stock May Extend Price Gains After Breaching Major Resistance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-16 09:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>SATS' stock price may extend gains after breaching major resistance at S$3.15 on Tuesday, Phillip Securities Research's Zane Aw says in a commentary. </p><p>This upside break has come after the stock price rebounded above the S$3.03 level at end-June, which provides a bullish signal on the technical chart, the analyst says. </p><p>The moving average convergence divergence indicator shows increasing upward momentum with a bullish crossover formed recently, the analyst says. </p><p>The stock price is likely to rise further and reach S$3.40, a previous swing high resistance level seen in mid-February, the analyst adds. </p><p>The stock is unchanged at S$3.24. </p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","LU0164939612.USD":"HSBC GIF ASIA EX JAPAN SMALLER CO. \"AC\" ACC","BK4100":"有线和卫星","BK4089":"非传统电信运营商","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","S58.SI":"新翔集团有限公司","LU0620787316.HKD":"HSBC GIF ASIA EX JAPAN EQUITY SMALLER COMPANIES \"AD\" (HKD) INC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK6084":"机场服务","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","BK6519":"运输股","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","LU0082770016.USD":"HSBC GIF ASIA EX JAPAN SMALLER CO. \"AD\" INC","LU0082770016.SGD":"HSBC GIF ASIA EX JAPAN EQUITY SMALLER COMPANIES \"AD\" (SGD) INC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2551116447","content_text":"SATS' stock price may extend gains after breaching major resistance at S$3.15 on Tuesday, Phillip Securities Research's Zane Aw says in a commentary. This upside break has come after the stock price rebounded above the S$3.03 level at end-June, which provides a bullish signal on the technical chart, the analyst says. The moving average convergence divergence indicator shows increasing upward momentum with a bullish crossover formed recently, the analyst says. The stock price is likely to rise further and reach S$3.40, a previous swing high resistance level seen in mid-February, the analyst adds. 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