CFD Trading – Buy CMNC Goldmine(5TP.SGX) @ $0.295. Stop at $0.265 and Target at $0.375

CNMC Goldmine Code 5TP.SGX

Price broke above the cloud on 18 May 2020 and has stayed above the cloud since that day reaching a high of $0.385. Price is undergoing a corrective decline at the moment and has stayed above the cloud, maintaining the bullish trend. Price has also managed to stay above a previous price high of $0.29. Conversion and Base lines had a bullish crossover some time ago but could be having another bullish crossover soon, confirming the bullish trend. Lagging Span is above price of 26 days ago and is above the cloud at the moment, confirming the bullish trend. MACD is bullish with both of MACD lines above the zero line. If price can stay above the cloud and above the previous resistance turned support at $0.290, we could see a price movement to $0.375 to test the previous high again.

$0.295                Buy
$0.375                Price Target
$0.265                Risk Management Stop
3 weeks Trade Duration

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