Thursday, November 7, 2013

Comfortdelgro potential upside ahead

Comfortdelgro broke out consolidation base this morning, currently price is above most short and mid term moving average (10,20,40). Potential move higher if STI is going for another run.

Trade setup: break out of consolidation base

Entry: 1.94 (If can get 1.91 better, lower risk)

Stoploss: 1.885

Target around : 2.10 Mid term timeframe.

Risk reward Ratio: 2.9
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