Mapletree Industrial Trust (SGX: ME8U) bullish upside is still strong but the likelihood of a correction is inevitable as suggested by the technical below:
*Timeline of the trade should be between 1-3 weeks from the date issued.
* Should the stock have a false breakout, the next likely rebound will be at the 2nd demand zone between 2.60-2.63.
Red dotted line = 200 SMA
Blue dotted line = 50 SMA
Green dotted line = 20 SMA
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