PARKWAYLIFE REIT Stock Code C2PU.SGX
Outlook
Price rebounded after being supported by its previous low support zone that formed since 21 Oct 22. It could be forming potential W-bottom that hints for more upside ahead. MACD is rising towards its zero line after having a bullish crossover. We are likely to see price breaking out the downtrend line to move higher.
Strategy
$3.72 Buy
$4.00 Price Target
$3.57 Risk Management Stop
3 weeks Trade Duration
