G07 - Possible target based on breakoutBased on the TA, possible breakout of the trendline as shown, there are few possible resistance as the turning point for EW retracement. Final target is as shown.
Not finance advise; DYOR.
G07 trade ideas
Stable, good dividends Company to investThere are so much hype about the global inflation stories ongoing every day that could create too much noise for investors.
I find financial institutions with good dividend payout, stable cashflow and a proven business model attractive as a form of defensive play. Great Eastern happens to be one of them.
After 2 long years of downtrend, it has now settled at the resistance turn support level at 20.48.
I expect price to continue going up slowly and nicely over the years.
G07 (SGX) - Still in Bullish TrendGreetings
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Analysis
G07 (SGX) - Still in Bullish Trend
