Tuesday, June 02, 2020

Mapletree Com - Head and Shoulders Bottom

A "Head and Shoulders Bottom" chart pattern formed on Mapletree Commercial Trust (N2IU:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 2.050 to the range of 2.460 - 2.560.



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.

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