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Monday, January 16, 2017

Comfort Delgro

Will CDG cut cab rental to prevent their drivers from hopping to the other taxi company who have already slashed their rates. Although some research houses has argued that CDG is unlikely to cut rental because their taxi idle rates is low, this blog believe that CDG faced a real test this month when taxi drivers will decide to stay with CDG after they receive their quarterly incentives. n the chart, CDG broke its strong support 2.51 to close at 2.49. It should visit its next support at 2.44 and 2.40 shortly with eventually target at 2.18.

All posts and charts are for educational and illustration purposes only

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