$IFAST(AIY.SG)Previously the bullish double bottom met a resistance at $9.41, turning into a bearish double top pattern. Yesterday’s candlestick has a long red body and no tail wick, indicating the sellers are fully in control. I will be watching to see if it continues the pattern of higher low (ie above $8.57) or fills the gap to fall further to the previous support levels of $8.57 and $8.48-8.50.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
