JARDINE C&C Stock Code C07.SGX
Outlook
Price was capped by the thick cloud resistance, which is also the previous price high resistance zone. The Lagging Span is above the price of 26-days ago but is still below the cloud. A bearish MACD crossover could be likely in the coming session. These could increase chances of the stock price moving lower.
Strategy
S$26.65 Sell
S$24.85 Price Target
S$27.40 Risk Management Stop
3 weeks Trade Duration
