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Friday, September 29, 2023

"chut pattern" stock

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Sheng Siong, the third largest chain of supermarkets in Singapore.

Mar 17, 2020 – an inverse H&S was formed. Within the same year, price ran up to 261.8% and formed another H&S(Aug 2020) that temporarily stop the price from going any higher.

Dec 2021, price starts to find support at 161.8% (NX).

If price were to fall from here, $1.44 is the first support area follow by S$1.18 if price slide through S$1.44.


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