Wednesday, August 12, 2020

Technical Analysis Aug 2020: ComfortDelGro (SGX: C52)

Comfortdelgro Corporation Ltd 

Observation from chart:- 

ComfortDelGro (C52) forming triple bottom?
 
How high will it rebound? 

Other indicator:- 
MACD trade at negative region, downtrend sign. 
 Stochastic %K on BUY call itinerary. 

Immediate resistance @ $1.50 level 
Subsequent resistance @ $1.65 level.

Immediate support @ $1.33 level. 
If break this support, lower low is confirm. Downtrend will resume.

Let's watch closely for opportunity.

0 comments:

Post a Comment