CFD Trading – Buy IFAST (AIY.SGX) @ $3.94. Stop @ $3.64 and Target @ $4.50.


Price broke above the cloud three days ago and has stayed above the cloud since that breakout. Price has also reached a previous high resistance and a breakout of this resistance point could bring price higher to the N price projection at $4.51.  Conversion and Base lines had a bullish crossover earlier, hinting of a bullish price trend. Lagging Span is above price of 26 days ago as well as above the cloud, confirming the bullish trend. MACD remains bullish and is rising, hinting of a price rally ahead.

$3.94                 Buy
$4.50                 Price Target
$3.64                 Risk Management Stop
3 weeks             Trade Duration

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