Food Empire – Some Pullback Would Be Good
Food Empire an uptrend stock had a good run but we feel that some pullback would be good for this stock.
It has broken its short term uptrend line and today it broke its horizontal support of 0.725.
We’re looking at a possible downside to the 20ma or 0.67. Our stop loss would be at 0.785. Breaking that might see Food Empire continue its uptrend.
Remember we’ll use Poems CFD for short and not naked short.
Yours
Humbly
Kelwin&Roy
The post Food Empire – Some Pullback Would Be Good appeared first on Singaporehumblestock.
This post first appeared on Singapore Budget 2017 – What Now?, please read the originial post: here