Food Empire: An exit, but we spotted something last week finally.... where to? Price 0.72

Following up from previous blog post in February >>> http://singaporetradinginsights.blogspot.sg/2017/02/food-empire-new-push-to-find-new-high.html

We mentioned about the bullish signals in Jan 2017 having no exits.... See system below again.

For illustration purpose only

The thing is the exit did come.... somewhere in February...

And it has then been consolidating sideways below the 0.64 level all this while.....

Till we spotted something last week..... let’s see what we saw below...

For illustration purpose only

Target hit as per arrows drawn in the chart last week.... and


Today we are even seeing a push above the 0.700 again....

So can there be more room to go to 0.80 now?

More importantly, is there another Bullish RE-ENTRY SIGNAL ON THE SYSTEM AGAIN NOW?

PTI grads can check......

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