Pan Hong (SGX:P36) is still in an uptrend

Pan Hong (SGX:P36) has been in a steady uptrend on high volume since start of May. Volume could reach 2-3 times higher as compared to the average so definitely there are more interest in the stock recently. Not sure what is brewing but based on the price movement, there is a good probability that the uptrend will continue. Please do your own due diligence.

Pan Hong Holdings Group Limited, formerly Pan Hong Property Group Limited is a Singapore-based investment holding company. The Company operates as a property developer. It focuses on developing residential and commercial properties in the second and third-tier cities in the People's Republic of China (PRC). The Company operates through two segments: Northern Region, which includes its business in Northern provinces or cities of the PRC, and Southern Region, which includes the Company's business in southern provinces or cities of the PRC

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The information is provided on a general basis for information purposes only, and is not to be relied on as investment, legal, tax or other advice as it does not take into account the investment objectives, financial situation or particular needs of any specific investor.

Investments based on the signals are subject to investment risks, including the possible loss of the principal amount invested. Share values and income therefrom may fall or rise. Past performance is not necessarily indicative of future performance. Advice should be sought from a financial adviser regarding its suitability before purchasing the shares. In the event that you choose not to seek advice from a financial adviser, you should perform your own due diligence to consider whether the investments are suitable for you.

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Pan Hong (SGX:P36) is still in an uptrend

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