Stamford Land Stock Code H07.SGX
Outlook
After price reached a high of $0.575 on 15 June 2021, price went into a correction which has bought price down to the upper edge of the cloud $0.520. However the decline has managed to stay above the cloud, keeping the uptrend intact. The cloud is thick and should provide strong support and keep the uptrend intact. 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 $0.470, we are expecting price to test $0.575 again.
Strategy
$0.520 Buy
$0.575 Price Target
$0.465 Risk Management Stop
3 weeks Trade Duration
