Singapore Stock Trading Insights | Joey Choy
CSE Global: Target hit, some selling seen but further upside not ruled out. Price 0.475. SYSTEM?
Just about 2 months back, we spotted some bullish actions in CSE Global with it breaking the 0.38 key resistance level…Trend indicators were also looking good and pointing towards a potential upside reversal…Some targets were drawn to the upside as seen below, see what I mean..The upside started to play out over the past month and…Just last week, we spotted more bullish actions in CSE Global…Has finally managed to come back above the 0.43 level after trading below for more than 2 weeks…Targets were again reiterated as drawn below…Fast forward to today, we have indeed seen our first target at 0.48 hit…Some profit taking seen for now but upside targets may be revised higher on more specific price actions…To 0.54 – 0.55 probably, watching…. JWe actually saw something