Starhub Retraced

The long term uptrending, the champion of the year 2011--starhub has retraced more than 5% this week, from 2.91 to as low as 2.76 today. It hit 2.76 just now and rebounding to 2.78 ( 1.35pm), 2.77 is its long term uptrend channel support. There is a high probability to bounce up from here.