UD2-SG is in LT sideways. Now it is at lower band.UD2-SG is in LT sideways. Now it is at lower band. It maybe a good mean reversion setup. tp 0.34 0.49. However, it may take a while to realise profit.
#ARTTpick #KebayaTrader
UD2 trade ideas
4th July 2022: Japfa at the crossroadCan Japfa complete a "W" recovery, or push much lower than current support of 0.56? I hope it will break up, but most signs are pointing to a further drop.
UD2.SGX_LongENTRY: 0.965
TP1: 1.035
SL: 0.890
- ADX>25
- RSI>65
- FFI and RS +ve
- MA are aligned
- Breakout with good volume on 18 Jan 2021
- Entered today on pullback with low volume
