NAV $19.28
CD 2nd May of 33 cents.
Short term wise, a nice breakout of the recent high of $20.02 plus good volume that may likely see the price rises higher towards $21.00 then $22.30 !
If this is happening then we are having a nice reversal chart patterns!
Not a call to buy or sell.
Pls dyodd.
11th April 2020
Chart wise, there is no clear indication of a reversal patterns yet!
Will it continues to rise further to move up to test $20 or freezer off and go down to retest $17.90 again! We will know the answer for the coming week.
I think market is still clouded with many uncertainty like fighting to contain the virus, economy may slip into recession etc.
Short term wise, there is no clear sign of market bottoming yet as the recent rebound is just the usual reaction after a drastic selling down effect.
I think is ok to stay sideline !
Stay safe and please take care!
Pls dyodd.
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