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Sunday, March 1, 2020

MapleTree Comm Tr

Last Friday, we had witnessed the Gap down scenario and went lower to touch $2.04 before Bull pushed it back to close at $2.10.
Looks pretty encouraging! We may need to monitor to see how this pent out for the next few days!


If it is able to rebound from here and rises higher to reverse this down trend or continue to be under  selling down pressure whereby $2.04 has been broken down that would be rather Bearish. 

Short term wise, I think is good to monitor and wait for market clarity/direction.


A breaking down of the recent low of $2.04 may smell trouble and might see the price sliding down further towards 2.00 then 1.95 with extension to 1.90.. 

Pls dyodd.

TA wise, it has turned into bearish mode!



 At this rate of dropping, the price may go below $2.10 soon with we to $2.00.



Not a call to buy or sell. Pls dyodd.

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