HONGKONGLAND USD Stock Code H78.SGX
Outlook
The chart outlook remains bearish as price is trading far below the cloud. Price broke down from a flag continuation pattern after being capped by the base line resistance. MACD is still bearish and a bearish crossover is likely in the coming session. These could increase chances of the stock price moving lower.
Strategy
$3.46 Sell
$3.30 Price Target
$3.58 Risk Management Stop
3 weeks Trade Duration
