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C09 trade ideas

City Development SG Stock (It can fall further first)City Development The smart money must have been dumping these stocks to unsuspecting value investors and technical "trend" traders in the late 2017 and early 2018. With the latest property curbing news, it had a very big gap down. I will advise you not to go and buy in as it will be similar to catching falling knives. It is not a good idea to BUY now. I see some potential support near $8.80 instead, let wait patiently for the drops to stabilize first and let the price action to show as well. Press "Like" and "Follow". Sonic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
SGX:C09Short
by SonicDeejay