Sunningdale Tech Stock Code BHQ.SGX
Outlook
After reaching a high of $1.22 on 5 Aug, price has been on a decline. The price correction has brought price to the Base line support at $1.09. There is also a gap support at $1.055. This support zone is likely to halt price decline and provoke a rally and the resumption of the bullish trend. Conversion line and Base had a bullish crossover confirming the bullish trend. Lagging Span is above price of 26 periods ago but also above the cloud, hinting of a bullish trend. MACD is bullish and is high above the zero line, hinting of a strong bullish price trend.
Strategy
$1.065 Buy
$1.220 Price Target
$0.960 Risk Management Stop
3 weeks Trade Duration
