CFD Trading – Buy Sri Tango Agro (NC2.SGX) @ $1.39. Stop @ $1.30 and Target @ $1.52.

Sri Tango Agro Stock Code NC2.SGX

Price broke above the cloud on Monday and has continued to move higher. Price has now closed a gap created on 9-10 November 2020 and this could be a sign of bullish trend. Conversion and Base lines had a bullish crossover earlier, confirming the bullish trend. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish trend. MACD remains bullish with both its lines above the zero line, which is a hint of a bullish price trend. We are expecting price to test $1.52 which was a previous high as well as the Ichimoku V-shaped price target.

$1.39                 Buy
$1.52                 Price Target
$1.30                 Risk Management Stop
3 weeks Trade Duration

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