
I have set myself $3.20 as a target price to buy SPH. Based on the last whole year dividend of 25 cents and a target price of $3.20, the yield is about 7.8%. Looking at the MACD, RSI and Stochastic, it may not be a good time to buy now in my opinion. Please note that I use TA to set my target price for long term investment and not to predict the direction of the market. If the target price is not met, then I will not buy at all. Being patient is one of the key factors for successful investment.
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