Stock: PIZZA
Company: Shakey’s Pizza Asia Ventures Inc.
Support: 7.95 / 7.35
Resistance: 8.44 / 8.93


Broke down from its short-term trend support level of EMA20 at 8.22 and about to retest its immediate support level at 7.95.

However, vital support level sits between EMA50 and EMA200 at 7.35-7.60.

  • Retest on support level
  • Oversold

Recommendation

A rebound might open an opportunity for range trading.

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