Wing Tai Chart, Support and Resistance

Wing Tai is one of Singapore’s leading property developers and lifestyle companies. Besides developing properties and helping distribute renowned fashion brands, the company is also involved with hospitality management and the franchise of food & beverage concepts.

The company having more than 240 retail outlets in Singapore and Malaysia through franchised brands like Yoshinoya, Uniqlo, and G2000.

9 Jan 2017

1. Downtrend
S 1.57
R 1.645

Aug 16 FY

Oct 2016
59% decrease in revenue to $70.2 million.

48% drop in earnings to $1.1 million for 1Q17