A "Double Top" chart pattern formed on Hi-P International Ltd (H17:SGX-ST).
This bearish signal indicates that the stock price may fall from the close of 1.07 to the range of 0.94 - 0.96.
Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.
Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.
Kimly - Stock calls
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Date
Analyst
Company
Last
Target
Call
Valuation
07/22/24
UOB Kay Hian
Kimly
0.31
0.35
Hold
12/09/24
UOB Kay Hian
Kimly
0.32
0.34
Hold
P...
33 minutes ago
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