CFD Trading – Buy SIA Engineering (S59.SGX) @ $2.18. Stop @ $2.10 and Target @ $2.30.

SIA Engineering Stock Code S59.SGX


Price reached a high of $2.25 on 18 October and a price correction soon followed. During the price correction, price is likely to be supported by the Conversion and Base lines and cloud. Lagging Span is above price of 26 days ago as well as above the cloud, confirming the bullish trend. MACD is bullish with both its line high above the zero line. MACD is hinting of a bullish price trend ahead. We think price is likely to continue its bullish momentum towards the previous high at $2.30.


$2.18                 Buy

$2.30                 Price Target

$2.10                  Risk Management Stop

3 weeks              Trade Duration

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