Frasers Centerpoint’s (SGX: J69U) rebound from $1.55 on 6th April was strong initially but price entered in a short sub correction on 20th April, showing signs of slowdown in bullish momentum. Based on the technical, the trust is resuming its sell down:
*Timeline of the trade should be between 1-3 weeks from the date issued.
Red dotted line = 200 periods Moving average
Blue dotted line = 50 periods Moving average
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