China Sunsine (CH8:SGX) Expected to Enter Mark Down Phase


Supporting Observations
We are observing multiple Distribution Phase signals, providing us with technical evidence that the stock is expected to enter Mark Down phase.

Distribution signals include Uptrend Stride Broken, Uptrust, Test, Weakening buying activity and finally the HA Colour Change (Momentum) 

The key risk to this observations is that the stock's overall relative strength is stronger than STI as per our relative strength indicator.

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