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Thursday, January 16, 2020

ComfortDelgro

After being sold down from $2.45 to touch the low of $2.21 yesterday, It has since bounced-off from 2.21 and hit the high of $2.26 , looks rather positive.


It today, she can close at 2.27 then we may likely see a reversal chart patterns forming soon!

I guess the selling down was triggered due to the Aust fire and the weakness of aud..


I think it seems to be overly reacted.

Short term wise, I think if she may likely move up to retest $2.30 again!
Breaking out of 2.30 smoothly + good volume that may likely push the price higher towards 2.35 then 2.40 and above.

Not a call to buy or sell.
Pls dyodd.


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