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Monday December 14, 2020 Del Monte Pacific (D03:21.0c) drops 2.3% after hitting resistance

Dec 14, 2020 - News Bites - Asia: Singapore
Financial Results


Del Monte Pacific Limited (SI:D03), Singapore's 11th largest Food Products company by market cap, has dropped 2.3% after hitting the upper Bollinger Band seven times in the last ten days. The upper Bollinger Band marks the trajectory of resistance on a stock price. This is a bearish signal.

Del Monte Pacific's stock price has dropped 0.50c (2.3%) from its previous trading session to close at 21.0c. Compared with the Straits Times Index which rose 36.4 ...