FRASERS CPT TR Stock Code J69U.SGX
Outlook
Price could have formed a possible bottom at S$2.01, which is the resistance-turned-support zone. A bullish engulfing candlestick pattern was formed yesterday, hinting at possible reversal ahead. The RSI is giving potential divergence warning. These could increase chances of the stock price rebounding to move higher.
Strategy
$2.05 Buy
$2.14 Price Target
$2.00 Risk Management Stop
3 weeks Trade Duration
