Boustead Stock Code F9D.SGX
Outlook
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.
Strategy
$0.990 Buy
$1.06 Price Target
$0.960 Risk Management Stop
3 weeks Trade Duration
