$ComfortDelGro (C52.SG)$ The stock has stayed above support ...
The stock has stayed above support line 1.42. Now it has rebounded to 1.44 and 1.45. It has hit the bottom.
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DSWL74 : For comfotDelGro, it has hit the bottom $1.45, which means that we can buy now right? But for long term invest, how far can comfotDelGro reach?
_MK_Watcher_ : It reached a low of 142 before bouncing back briefly. Technically speaking, even with the impressive volume (over recent time) on Friday, its oscillators at the chart still in the negative zone which suggests it has not come out from the woods yet, 140 could be one of the immediate support levels.
Deep Sea OP DSWL74 : It depends on its earnings. If the earnings continue to grow beyond 200 million SGD, the share price valution will be higher than current valuation 1.50.