Singapore's Hutchison Port shows signs of reversal

Hutchison Port Holdings Trust

04/04/2018 08:24

** Shares of Hutchison Port Holdings Trust  HPHT.SI , which
are down about 25 percent this year, could see a reversal of its
downtrend, technical charts show
    ** Stock is up more than 5 percent 
    ** Price chart formed a 'Doji' candlestick pattern on
Tuesday, suggesting a possible reversal
    ** Relative Strength Index (RSI) has come out of the
oversold zone, a positive sign
    ** MACD indictor shows bullish divergence by making higher
lows, while the price chart shows lower lows
        

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Hutchison chart    https://reut.rs/2GvQLBS
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 (Reporting by Patturaja  Murugaboopathy; Editing by Sunil Nair)
 ((patturaja.murugaboopathy@thomsonreuters.com;))