CFD Trading – Buy SIA (C6L.SGX) @ $4.38. Stop @ $4.19 and Target @ $4.60.

SIA Stock Code C6L.SGX

Price broke above the cloud in the previous trading session and closed above the cloud, hinting of a bullish price trend. Price also broke above a downtrend line which started from the high on 25 November 2020. Conversion and Base lines had a bullish crossover yesterday, hinting of a bullish price trend ahead. MACD remains bullish and is hinting of a price rally ahead. If price can stay above cloud, we are expecting price to test $4.60 again.

$4.38                 Buy
$4.60                 Price Target
$4.19                 Risk Management Stop
3 weeks            Trade Duration

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