dchua1969

Incentives to get out of the house

Long
dchua1969 Updated   
SGX:C52   COMFORTDELGRO
Read this latest news here

Of the biggest comfort and relief to most people (including me) , I think it would be taking off the mask when we are outdoors ! We have been wearing it for 2 over years , a long time ........

People will flock to the bars, restaurants, hotel cafeterias, etc to resume their usual life once again and business in this sectors will roar again. And the private hire car business , taxis services will be in demand again. Those who drink are not going to drive and they would need the service.

Visits to friends' place will increase to 10 , that would increase the number of social visits on weekends for extended families.

From chart wise, it has broken out of the bearish trend line, so no rush , wait for a pull back and start to accumulate slowly......

p/s: 1.33 price level has proven to be a very strong support so I doubt it is going to break below that.
Comment:
1.50 is the previous resistance level , it must now breaks above this level to rally higher which I believe it will in the coming weeks.....
Comment:
bought some at 1.28 yesterday
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