CFD Trading – Buy Jardine C&C (C07.SGX) @ $20.75. Stop @ $19.98 and Target @ $22.00

Jardine C&C Stock Code C07.SGX


Price broke above the cloud with a strong large candlestick yesterday, changing the chart outlook from bearish to bullish. The breakout also created an Ichimoku V-shaped breakout with a price target of $22.00, which is close to the previous high of $22.05. Conversion and Base lines had a bullish crossover, hinting of a bullish trend. Lagging Span is above price of 26 days ago but is inside the cloud.  MACD is bearish with both its lines below the zero line. However, MACD had a bullish crossover as well as a bullish divergence warning. We are expecting a price rally to the Ichimoku price projection target at $22.00 in the next 2-3 weeks.


$20.75                Buy

$22.00                Price Target

$19.98                Risk Management Stop

3 weeks Trade Duration

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