Swing: Long ComfortDelgro as it approaches Demand Zone Reasons:
1. Prior consolidation before strong up move, shows hidden buying activities at this region – buyers will be likely to defend their positions at this level
2. Prior support turned resistance level
3. Broke out of major downtrend line, will only be keen to take long positions
Our Trade Setup will be:
EP: 2.42
SL: 2.35
TP: TBD
Best Regards,
Nour Capital - Tracking Smart Money Flow
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