HONGKONGLAND USD Stock Code H78.SGX
Outlook
Price has formed a double top chart pattern after creating a price high at S$3.55. It violated the neckline and was capped by the falling 20EMA resistance point. MACD has turned bearish. We are likely to see price continuing to move lower.
Strategy
US$3.24 Sell
US$2.95 Price Target
US$3.32 Risk Management Stop
3 weeks Trade Duration
