Mapletree Com Trust - End of Rounded "Top"

2 Mar 2020

Most people's idea of a rounded top is "bearish" and should break down at the neckline. However, personally I found that half the time this is not true. A test at the neckline and a decisive rebound from there, I will go long. A rather aggressive short term trade with stop loss just below today's candle low and with near term profits between 2.20-2.24. Dividend lovers might choose to manage and hold for longer :) p/s the key word is "manage" your trade..