CFD Trading – Buy Boustead (F9D.SGX) @ $0.990. Stop @ $0.960 and Target @ $1.06.

Boustead Stock Code F9D.SGX

Price reached a high of $1.06 on the 5 April 2021 and has been in a correction since that high. This price correction has managed to stay above the cloud keeping the uptrend intact. Conversion and Base has not had a bullish crossover as yet. Lagging Span is below price of 26 days ago but is above the cloud. MACD remains bullish and is hinting of a price rally ahead. If price can stay above $0.97, we are expecting price to test $1.06 again within the next 3 weeks.

$0.990                Buy
$1.06                 Price Target
$0.960                Risk Management Stop
3 weeks              Trade Duration

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