
$IFAST(AIY.SG)Looks like it will be another green day for iFast. Today’s candle continues the upward momentum, opening at 9.16, above the closing price of the previous day (9.15) and shooting above the Bollinger Band, resulting in an extremely long body. Buyers are pushing up the price but whether it can be sustained needs to be validated by the trading volume. The wick at the top is the result of sellers pushing back which interestingly ends right at the upper limit of the Bollinger Band. KDJ is 86, suggesting it is overbought.
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