Ho Bee Land Stock Code H13.SGX
Outlook
Price reached a high of $3.02 on the 15 June 2021 and has been on a decline. The decline had stay above the cloud, keeping the uptrend intact. The pullback could find support at the Base line. Conversion and Base had a bullish crossover earlier, hinting of the bullish 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 hinting of a price rally ahead. If price can stay above the cloud, we are expecting price to test the previous high of $3.02 again.
Strategy
$2.83 Buy
$3.00 Price Target
$2.70 Risk Management Stop
3 weeks Trade Duration
