Thoughts on SHK PPT ?

2021-12-09

Hey guys ~ What do you guys think about $SHK PPT(00016)$? I'm seeing an overall bearish trend. Price is abiding to the descending trendline resistance, I'm expecting price to drop from pivot point line with 38.2% Fibonacci retracement towards 1st Support in line with horizontal support. My bearish bias is further supported by the price holding below the EMA 21.[Grin]

Potential Pivot level @ 96

Potential Take Profit level @ 93.3

Potential Stop Loss level @ 97.4

$SHKP 5xShortSG221208(DPEW.SI)$

$SHKP 5xLongSG221208(DRGW.SI)$

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falleno
2021-12-09
falleno
just like you, I am also seeing an overall bearish trend on $SHK PPT(00016)$ .

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