CFD Trading – Buy Golden Energy (AUE.SGX) @ $0.340. Stop @ $0.290 and Target @ $0.420.

Golden Energy Stock Code AUE.SGX


Price reached a high of $0.420 on 29 July and a price correction soon followed. During the price correction, price was supported by the cloud, which prevented price from turning bearish. The low of the decline was also the Fibonacci 62% correction point of the rally from $0.150 to the high. Lagging Span is above price of 26 days ago as well as above the cloud, confirming the bullish trend. MACD has a bullish crossover and is hinting of a bullish price trend. Going by the Ichimoku E price projection, we have a price target of $0.420, which is also the previous price high.


$0.340                Buy

$0.420                Price Target

$0.290                Risk Management Stop

3 weeks              Trade Duration

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