Post by zuolun on Feb 15, 2016 9:32:02 GMT 7
sincerely many thanks.
i pick cache to short @ 0.815, projected 100 days to reach 0.700
stop loss should be around 0.885
Cache's DPU may slightly decline, MaybankKE rated 'HOLD' TP S$0.95 ~ 26 Jan 2016
Cache ~ A "waterfall decline", interim TP S$0.70, next TP S$0.595
Cache had a spinning top and traded @ S$0.81 (-0.005, -0.6%) with thin volume done at 55,000 shares on 15 Feb 2016 at 1025 hrs.
Immediate support @ S$0.78, immediate resistance @ S$0.835.
Cache (weekly) ~ Major bearish trend reversal with 5-wave down, interim TP S$0.70, next TP S$0.595
