ComfortDelGro    Last:1.53    -0.01

ComfortDelGro

however i believe the counter willbe limited to 1.62/3 and profit taking will start again. it is better for the  the reversal trend to be confirmed if it exceed 1.63 with volume and not overbought. however speculation gain of 5c is still viable. in short term.

 

I went in last week @ 1.57.

Looking at daily chart...I noted these pts

1)It has been range bound between 1.56 - 1.60 since 10th of nov (good support here)

2) MACD cuts above 0 on 29th of nov.

3) ADX crosses over ADXR and also 23 (might be indicating a uptrend soon) 

4) Signs of accumulation since 28th of Nov. Acc line gg up despite not much price movement.

5) Momentum hits 0 line now. If cross over, it might indicate uptrend

Sporegal, can check on my analysis ?

Many many many thanks

 

I think Comfort has a good potential for upside movement soon. Acc/Dist, Chaikin are uptrending. RSI also slowly increasing. Its still in the W%R oversold region.

If the stock rises tommorow and crosses into the Williams %R neutral zone with good volumes, it will probably be on an uptrend.

Not vested.

 

Beware... as predicted, this stock is on uptrend... but I think trend reversal may be happening soon. Some signals are starting to change.

 

Hunter Valley Buses Pty Ltd, a unit of land transport operator ComfortDelgro, has signed a 7-year contract with the Australian Ministry of Transport to provide bus services in the Hunter Valley region of New South Wales, ComfortDelgro said.



It said that the deal was worth about A$17.6m annually. Hunter Valley Buses will be paid a contractual amount for the services while the transport ministry will take the fare revenue.



ComfortDelgro said that the contract is not expected to have any material impact on its net tangible assets per share and earnings per share this year.

 

Just take care when px hit $1.7x / $1.8x, time to to take profit.

 

up + 1cts to $1.63 on vol of 4 over mil shares traded, up up & away.

 

Woww.. Very comfortable oso, now going $1.60 cts memm...i thipk b co's oil px is down and quite stable at about US$63/- ComfortDelGro up oso mahh.....

 

ComfortDelgro is up today!

 

Like wise if px shoot up suddenly, then ComfortDelGro px will come down suddenly, at this moment look good.

 

Woww just be careful oredi climbing to $1.69 cents liao. This stock can still hit another 10-15 cents co's oil px come down liao. 

 

Looks like it will break the $1.69 resistance on the 5th wave within this year.

 

This one is on uptrend now. RSI and Acc/Dist moving up although its now approaching overbought levels.

I find that Comfort is a pretty good TA stock. Has good volumes and is relatively predictable.

Not vested.