CFD Trading – Buy Keppel Corp (BN4.SGX) at $5.09. Stop at $4.89 and Target at $5.40.

Kepel Corp Stock Code BN4.SGX

Price broke above the cloud on 16 November, which could be the start of a bullish trend. Price had formed an Ichimoku reversal earlier in early November as well, confirming the bullish trend. Conversion line and Base line had a bullish crossover confirming the bullish trend. Lagging Span is above price of 26 periods ago but is inside the cloud at the moment. MACD is bullish and both its lines are high above the zero line, hinting of a strong bullish price trend. Price could be heading to the next resistance point at $5.40.

$5.09                 Buy
$5.40                 Price Target
$4.89                 Risk Management Stop
3 weeks              Trade Duration

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