FRASERS CPT TR Stock Code J69U.SGX
Price hit its previous low support of S$2.22 for the second occasion on 12 Jan 2022, forming a potential Double Bottom chart pattern. There is a divergence warning given from the MACD that hints of a possible price low. A bullish MACD crossover is likely, suggesting potential upside ahead. These could increase chances of the stock price moving higher towards its previous resistance point.
$2.43 Price Target
$2.20 Risk Management Stop
2 weeks Trade Duration