CFD Trading Note – Buy StarHub (CC3.SGX) @ $1.28. Stop @ $1.23 and Target @ $1.37

Starhub Stock Code CC3.SGX


Price broke above the cloud on the 10 August 2021 and closed above the cloud the following day. Price also broke above a recent high creating an Ichimoku reversal, with a price V price projection target of $1.37. These could be a sign of a change of trend from bearish to bullish with the cloud crossover. Conversion and Base had a bullish crossover, 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 has turned bullish and is hinting of a price rally ahead. If price can stay above $1.23, we are expecting price to test $1.37 again.


$1.28                 Buy

$1.37                 Price Target

$1.23                 Risk Management Stop

3 weeks              Trade Duration

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