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Monday, 25 June 2018

Comfortdelgro: 25 June 2018, Monday, 10.08am Singapore Time

25 June 2018, Monday, 10.08am Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Technicals for Comfortdelgro, a taxi company in Singapore. The green circled region is where Comfortdelgro is confirming its newfound bull market (end of its long term downtrend that lasted since 2015). In the green circled region, this backtest using great fear (caused by trade war market corrections) is merely to confirm that the stock is changing from long term downtrend to long term uptrend, and it had been successful based on volume flow. The winter is over. New spring is coming. Next year 2019, you will start to see positive news for Comfortdelgro in the newspapers as market prices in 9 months to 1 year in advance, i.e. starting from May-June this year 2018. I am adding buys on Comfortdelgro @ $2.23.

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