Trading idea: Singapore E-dev
From the technical aspect:
1. heavy volume over the past 6 months with a rising trend. The current selldown is on the 5th day from the price of 0.053.
2. The current price 0.045 to 0.047 coincides with the 50 days moving average.
3. Suggestion: Entry 0.046, take profit at 0.050. Cut loss 0.043
However,
1. Do note that this is a loss-making company.
2. The company engaged in building, construction and property development activities. At the same time,
