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Monday, July 13, 2020

Mapletree Comm Trust

Today close with a Bearish bar down 3 cents at $1.93 looks rather weak and may likely see further selling down pressure!


The current price of $1.93 is trading below its SMA lines likely to see further weakness.

Short term wise , I think it may likely go down to retest the pivot low of $1.89.
Breaking down of this level plus high volume that may likely see the price sliding down further towards $1.77 then $1.70 with extension to $1.60 level.


Not a call to buy or sell.
Pls dyodd.

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