Oil Prices Forced Comfort Delgro Stock Price Down Further

As a follow up on ComfortDelgro, it experienced a major down turn after crude oil made record highs.

With the recent correction in crude oil prices, one would expect the share price to move up. But, it did not. It continue further down and side ways after reporting not too good results. One can expect that the oil price will remain volatile and the how much will it go down is anyone's guess.

Is the current price a good support level? It seems strong around $1.50-$1.55 level.