Jurong Tech (J09) Updated

A MACDH envelope had a Divergence against the Price. Notice that today’s bar and its prior one remained flat, Price continued to drop. This is a signal to get ready for a reversal. Next, the Stochastic has rolled over and was heading north, as %K crossed above %D for a Buy signal at precisely 20!  So, if that wasn’t a clear signal, then I don’t know what is!

Disclaimer: No document/material here is a solicitation to buy or sell. You are advised to think carefully and take your own responsibility for all consequences.