CFD Trading Note – Buy SGX (S68.SGX) @ $10.88. Stop @ $10.60 and Target @ $11.80.

SGX Stock Code S68.SGX


Price reached a high of $12.13 on 6 August 2021 and went into a decline as a result of a lower than expected corporate earning result. The rapid decline has sent price lower to $10.93. There is a cloud support nearby from $10.86 to $10.61 which is likely to halt the price decline. There is also a previous high turned support at $10.56. Lagging Span is below price of 26 days ago but is still above the cloud. MACD remains bullish.


$10.88                Buy

$11.80                Price Target

$10.60               Risk Management Stop

3 weeks Trade Duration

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