MapleTree Ind Trust – [ Below $1.91 Triple Support, Be Alert!]

19th June, 2018, 8:18 AM

MapleTree Ind Trust – [ Below $1.91 Triple Support, Be Alert!]

Mapletree Ind Trust 19th June 2018

Chart Source : Poemsview 18th June 2018

Mapletree Ind Trust closed below its triple support of $1.91 which isn’t good if you ask us.

It is also below the 200ma which adds further downside pressure.

It might hit the $1.87 first and failing to hold that we might see further downside pressure to $1.81 area.

We might consider a swing short on this counter as long as it doesn’t close firmly above the 200ma

Lets keep a look out for this.

Yours

Humbly

Kelwin&Roy

Follow and like us: