ParkwayLife Reit Stock Code C2PU.SGX
Price closed below the cloud in the previous trading session, changing the chart outlook to bearish. Conversion and Base lines had a bearish crossover and is hinting at a bearish price trend. Lagging Span is below price of 26 days ago but is inside the cloud. MACD turning bearish, with both lines moving below the zero line, hinting at a bearish price trend. We think price is likely to move lower to the previous price support at $3.66 in the next 2-3 weeks.
$3.66 Price Target
$4.01 Risk Management Stop
3 weeks Trade Duration