William-trading

Mapletree Log is still in corrective phase

Short
SGX:M44U   MAPLETREE LOG TR
Mapletree log is on the way to complete the B wave and it is slated to move one final push ahead. Should the push is finalised at the supply level or 78.6% of wave A, there is a great chance that price will swiftly break below the rising wedge.

Momentum analysis suggest that the (b)-(c) sub wave of B is showing signs of slowing bullish momentum as compared to A.
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