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Thursday, 19 July 2018

Creative Technology: 19 July 2018, Thursday, 9.40am Singapore Time

Creative Technology:
19 July 2018, Thursday, 9.40am Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Technicals for Creative Technology that is listed in the Singapore SGX. Pole P measures from $1.20 to $10.00, hence: (1) height of pole P = $8.80 in absolute terms (linear chart); and (2) height of pole P = 8.333x in relative terms (logarithmic chart). Hence, Target of Creative Technology is:
 1. Estimated $6.80 + $8.80 = $15.60 in absolute terms (linear chart), representing more than 200% in returns (conservative)
2. Estimated $6.80 x 8.333 = $56.66 in relative terms (logarithmic chart), representing more than 850% in returns (aggressive).


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