YZJ Shipbldg Stock Code BS6.SGX
Price broke above the cloud and reached a high of $1.54 on 10 August 2021. A price correction followed after price reached the high but has managed to stay above the cloud, keeping the uptrend intact. Conversion and Base had a bullish crossover earlier, hinting of the bullish trend. Lagging Span is above price of 26 days ago but is inside the cloud. 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 1.54 again in the next 2-3 weeks ahead.
$1.53 Price Target
$1.38 Risk Management Stop
3 weeks Trade Duration