Cordlife Group, today it gained 2% even though STI is red which candlestick closed as white candlestick before previous Doji candlestick.Will it have more upside? This will based on the fact if the ADX can maintain above 20, we will see more upside for this. Volume increasing plus price uptrend will be a good sign for even more upside for CordLife.
Check the 2nd chart as well. The line drawn across the mini peak of 0.57 and 0.445. I would say the first resistance at 0.525/0.53 as if tomorrow it can hit and stays stable with trading range in between 0.525 to 0.55, more upside will be seen for CordLife.
Let's see.
Star-Trader
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