CFD Trading – Buy ST Eng (S63.SGX) @ $3.95. Stop @ $3.89 and Target @ $4.05.

ST Engineering Stock Code S63.SGX


Price broke above a recent high, triggering a Ichimoku V-shaped reversal. This reversal has a price target at $4.09. Conversion and Base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago as well as above the cloud, confirming the bullish trend. MACD has bullish crossover and is hinting of a bullish price trend. We are expecting price to rally to the next previous high at $4.05 in the next 2-3 weeks.


$3.95                 Buy

$4.05                 Price Target

$3.89                  Risk Management Stop

3 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.