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ComfortDelgro is current trading in a Rising Wedge. Wedge Resistance at about $1.65 and Wedge Support at $1.52. No clear trend for ComfortDelgro for the time being as the stock price is trading about the three Moving Averages of 20D, 50D and 200D.
Ezra is coming back to test the previous tough resistance at about $1.75. See previous analysis here. This $1.75 level is also close to 20D MA and 200D MA support. In addition, this is also the support for the Rising Wedge. If Ezra can stay above this $1.75 for the next few days, this resistance-become-support level will be [...]
IndoAgri has formed an Inverted Head and Shoulders and currently testing the neckline resistance at about $2.30. Previously IndoAgri had a very nice breakout from a Rising Wedge and reached the minimum breakout target price. Can IndoAgriculture have a nice breakout from this Inverted Head and Shoulders pattern and reach the minimum target price of $2.54? [...]