Singapore Stock Market
ComfortDelgro - Waiting for direction.
There seems to be a large triangle formation and Boillinger squeeze. This counter is waiting for the market to give a direction. Based on the current trend, there is potential change of trend soon.
Both RSI and MACD are indicating potential uptrend. This is a blue chip that is lagging behind. Soon enough, it will catch attention and start moving. Watch closely and prepare to enter between 1.96 ~ 2.00. No negative news associated so far. Should test 2.16 and 2.44 in 4 weeks.
This web log was initially created for people who trade Singapore Stocks over "weekends". It has now evolved into real trading logs and analysis of market and stock situations using technical analysis. This becomes a record of my trading and lessons learned from trading. For more trading lessons please visit: Good Investing Lessons or Good Investing Lessons (Old)
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About Me
- ES Sei
- I'd like to share my experiences and knowledge about healthy and happy living as well as mid-life crisis. 不以物喜,不以己悲。
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