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Fragrance Group ST: the downside prevails as long as 0.169 is resistance
Trading Central | 2017-12-12 02:04:00

Alternative scenario: above 0.169, look for 0.176 and 0.181.

Our pivot point is at 0.169.

Our preference: the downside prevails as long as 0.169 is resistance.

Alternative scenario: above 0.169, look for 0.176 and 0.181.

Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day MA (respectively at 0.17 and 0.17).

Supports and resistances:
0.181 **
0.176 *
0.169 **
0.166
0.163 (SGD-last)
0.151
0.147 **
0.143 *
0.139 **

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