Smartis

Comfortdelgro - short term trading

Long
Smartis Updated   
SGX:C52   COMFORTDELGRO
This counter appears to be on rising trend line - as shown in this hourly chart pattern. The technical indicator shows oversold region, will expect a re-bounce from this region.

Potential trade is setup:

Buy in range: 1.45 to 1.47
Stop loss: 1.40
Target Profit range: 1.59 to 1.65

Feel free to share your thoughts comments box. Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. Thumbs up if u like the analysis :)
Trade closed: target reached
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