Thursday, 7 September 2017
Rowsley: 7 September 2017, Thursday, 8.49am Singapore Time
7 September 2017, Thursday, 8.49am Singapore Time
(Click on Chart Above to Expand)
Attached above is the technicals for Rowsley, a Peter Lim themed stock listed in the Singapore SGX. After the corporate action by Peter Lim, Rowsley executed the series of price actions coupled with the series of volume flows as illustrated on chart. The entire series of price actions and volume flows served to confirm if the stock should change trend. The results -- there is a real change in trend to new uptrend due to the volume flow (as highlighted on technical chart) during gap-up and post gap-up using 0.111 as base. The next resumption in move for this new uptrend will be a large wave going for breakup of 0.198. This represents a profit of at least +100% for investors of Rowsley at current entry prices.
Rowsley is currently at light green price support zone for buying within the gap-up zone (0.073-0.103). Judgement: Buy.