Singapore Stock Watch 31 Jan 2017

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31/1/17

Japfa

  • Stock broke out to new highs on 25 Jan to reach a high of $1.03
  • Since then, it has formed a small consolidation pattern which indicates little selling at current prices
  • A further breakout above $1.03 will signal a continuation of the trend
  • Continuation Entry @ $1.03 with Stop @ $0.985