CFD Trading – Buy Genting Sing (G13.SGX) @ $0.770. Stop @ $0.745 and Target @ $0.830.

Genting Sing Stock Code G13.SGX


Price broke above the cloud in the previous trading session and although the candlestick was not a strong candlestick, we think there is potential of a price rally. The correction off the high managed to stay above the Fibonacci 50% correction point at $0.76, which is a sign of a bullish price trend. Conversion and Base lines had a bullish crossover, hinting of a bullish price trend. Lagging Span is above price of 26 days ago but is below the cloud.  MACD is bullish and is hinting of a bullish price trend. If price can stay above the lower edge of the cloud and the Base line at $0.745, we think price can move higher to $0.83 in the next 2-3 week.


$0.770                Buy

$0.830                Price Target

$0.745                Risk Management Stop

3 weeks              Trade Duration

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