Tuesday, November 21, 2017

CapitaCom Trust: Heading towards next target? Price 1.93


Following up on previous post on CapitaCom Trust few weeks back >>>  http://singaporetradinginsights.blogspot.sg/2017/11/capitacom-trust-upside-may-continue.html


It was then at about 1.785 and I mentioned that upside can still continue above 1.80… see the link above…


See chart that was shown in previous post below again….


For illustration purpose only


Anyway over the past 2 weeks, we did see more favourable price actions which led to more strength and…


Targets were redrawn and revised upwards…


See what I mean below…


Looks like our 2nd target at 2.00 is still on the cards and it may reach soon…. Prices playing out well as drawn…


Has hit a new high at 1.94 today where we are seeing some slight resistance at 1.95..


System wise? Still looking good…. ;)


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For illustration purpose only







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