Would it be able to hold up $2.18 level ! Failing which ,we may see it slide further down ..
9th Nov
From TA point of view, it is rather Bearish!
It has broken down the lower Trend line at about $2.22 and close lower at $2.18, this is super bearish!
Short term wise , I think it may likely go down to retest $2.07 then 2.00 with extension to $1.95.
Not a call to buy or sell.
Please do your own due diligence.
ComfortDelGro Corporation Limited, an investment holding company, operates as a land transportation company. It offers public bus and charter bus services; rail services; motor vehicle evaluation and other related services; public taxi services through the rental of taxis to hirers; car rental, and car care and leasing services; outdoor advertising services; and taxi booking services. The company also provides vehicle inspection and other related services; non-vehicle testing, inspection, and consultancy services; coach services; private hire services; crash repair services; bus station services; professional and building inspection, and engineering services; charge card facilities; and charter, coach, and terminal services. In addition, it operates driving schools; and workshops for repairing, servicing, and general maintenance of motor vehicles, as well as acts as a dealer in diesel for motor vehicles. Further, the company rents buses to hirers and provides related services; and constructs specialized vehicles and assembles bus bodies. As of May 11, 2018, it operated a fleet of 41,500 buses, taxis, and rental vehicles. The company has operations in Singapore, the United Kingdom, Ireland, Australia, China, Vietnam, and Malaysia. ComfortDelGro Corporation Limited was incorporated in 2003 and is headquartered in Singapore
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