Haw Par Corp Ltd SGX:H02

Screen Shot 2016-07-26 at 11.51.33 am

Haw Par has been on a big sideways consolidation for years, & more recently has attempted to breakout of record high. So is there anymore upside? If breaks above 9.50 & doesn’t reverse quickly, then sky is the limit as seen by the 10.8 target of 161.8% fibo extension, but first it needs to hold the rising support as seen above. If it breaks the support line, then can consider to short it back down to about 8.58.


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