ComfortDelgro have gone through a lot post covid manic. With transportation industry badly impacted by restriction and later by the input costs inflation, impacting badly the financials. leading to removal from the STI Index. The tide is changing with company taking all the steps to make a strong comeback. Inflation adjusted fare is now giving the tailwind to the...
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...
Sign of Strength in the chart: 1. Trend reversal in daily and weekly chart 2. Stopping Volume 3. Shakeout 4. Green Pentagon bar with increasing volume Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy...
Price opened 2021 in middle of nowhere. Nearest downside pressure at 1.95. Could go higher for liquidity before hitting major obstacle.
C52-SG/COMFORTDELGRO akan naik ke 1.90. PAT C C52-SG/COMFORTDELGRO may go up to 1.90. PAT C #ARTTpick
ComfortDelGro is slowly recovering after COVID period as transportation are coming back, many know that ComfortDelGro is a taxi service company but that is only part of the many things they do, they actually own 70% of SBS transit buses they also do vehicle inspection (Vicom), my take right now is to watch the support level of 1.61 and see if it breaks or it will...
Overall view is bearish for me, if price test our resistance at 1.49 it could present opportunity to sell. What are your thoughts on this?
Come this Friday , 19 June 20, Singapore will enter into Phase 2 of its economy reopening. The major news would be shopping malls will be reopen to the public once more. Will there be a r evenge shopping frenzy like we see in China ? If the footfalls is likely to increase too in SG, then the rate of shoppers hopping on to the taxis will be high, giving a much...
On bigger timeframe there is a bear flag. On daily it is trading in a channel and formed a double top. Awaiting breakdown. Disclaimer: Not an advice to buy or sell.
View On Comfort Delgro (1 JUNE 2020) This counter has been downtrend since 2019 and it is kinda ridiculous to call for a SELL out of sudden. Anyway, I'd like to take note of the HUGH volume that occurred last week due to the News. So, I do not think it is good news for the counter and it shall not recover anytime soon as long as the price can't break above...
Small triangle forming in the channel. watch for volume and breakout. Disclaimer: Not an advice to buy or sell.
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...
stock is on an overall downwards trend. Currently, stock is in the mid-point of a sideway channel between 1.37 and 1.58. Outlook neutral but more likely to trend towards lower bound. If hit low bound, potential to long and if hit upper bound, potential to short.
TP 2.34 to 2.36 Entered 2.27 Hit a strong support at 2.26 and reject near low end of channel hit trendline and reverse short term trade oversold good dividend stock Negative long term is still looks downwards inflationary environment is not good for transport stocks in general due to higher fuel cost
ComnfortDelgro is on the Downtrend. 1st Support 2.38 had been breached . RSI shows sign of another downtrends next week . RSI 34.33 2nd Support is at 2.20