Just last week, we spotted some weakness in ComfortDelGro after it broke below the 2.35 good support level...
Then on Friday, exactly 1 week ago, it neared the key 2.30 support where we mentioned about more weakness on a breakdown....
Chart was sent with some targets drawn... Price was about 2.31 then... see what I mean.
The support did break down early this week where a note was sent again...
Fast forward today, we have seen it hit a low at 2.20 before some short covering.
Target hit as per chart. So what now?
Well, system BEARISH ENTRY signal still there....
Just saying...
Just be careful if 2.20 does not hold as well...
For now, probably some consolidation from 2.20 to 2.24 before a further move...
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