D03 trade ideas
Delm undervaluedCurrent price including inflation is that of 2021. And as a consistent dividend stock; such is something worth buy and holding, especially since price has been at a discount because due to China yuan losing value, in effect causing lower prices for asia stocks of which whom are not in anyway related to China.
D03.SGX_Breakout and Retracement Trade_LongENTRY: 0.440
SL: 0.395
TP0: 0.475
TP2: 0.540
- ADX>20
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Ranging since 25 May 2021.
- Within the ranging, showing possible buyers in control with 3 green candles with high volume and retracement with lower volume.
- Currently above HVN
- MAs are aligned