CFD Trading – Buy Singapore Exchange (S68.SGX) @ $8.90. Stop at $8.40 and Target at $9.70

Singapore Exchange Stock Code S68.SGX

Price broke above the cloud on the 16 Sep and on the following day, broke above a recent high, reinforcing its bullish trend. A price correction has managed to stay above the Base and Conversion lines. Conversion line and Base had a bullish crossover, hinting of the bullish trend. Lagging Span is above price of 26 days ago but is currently inside the cloud. MACD has a bullish crossover and is moving higher. Price is likely to probe a big gap that range from $9.00 to $9.77.

$8.90                 Buy
$9.70                 Price Target
$8.40                 Risk Management Stop
3 weeks             Trade Duration

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