Sarine Technologies Ltd is a publicly traded company that develops, produces and sells technologies for the diamond industry, including devices for the planning, analysis and grading of rough and polished diamonds.
Breakout with Further Upside to 0.925 level. Trade with Caution
TICKER CODE: U77 Company Name: SARINE TECH Industry: Singapore Stocks Electronic Technology Electronic Equipment/Instruments Position Proposed: BUY Entry: NOW READY (0.650-0.900) 1st Partial Take Profit: 1.285 (September 2023) 2nd Partial Take Profit: 1.945 (September 2024) 3rd Partial Take Profit: 3.060 (December 2027) Stop Loss: 0.465 Technical Analysis 1....
Sarine Tech is benefiting from the current race to inflation hedges, as it provides exposure to the diamond business - on top of being a high growth tech company. The stock is about to re-enter the upward trend channel.
Sign of Strength in the chart: 1. Strong mark-up stage 2. Pullback setup 3. Price going back to NS with Green Pentagon Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock