Raffles Medical has been on a continuous selling down direction after hitting the high of 1.60. It has bounce-off from the low of 1.025 and closed slightly higher at 1.055 on 8th Sept 2017. One positive indication to take note of is the volume has been rising which is a positive sign.
I think trader may not move in yet at this moment as it is still not a clear reversal indication.
A cross above 1.09 that may be a good entry point for a potential rise towards 1.20 then 1.30 as indicated on the trend line upper channel.
It may continue to slide down further towards 90 then 87 cents.
Not a call to buy or sell.
dyodd
(trade base on your own decision)
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