ComfortDelGro is currently trading within a symmetrical triangle formation. The triangle having an apex at $1.51 and established since Jan 2010. Current breakout level is at $1.54. The projected target of breakout is at least $1.80.
Monitor for breaking out at $1.54 with high volume. Normally after breakout, it will pull back to the breakout level to back test the breakout support. Investors could wait for the back test to enter position.
