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.
$4.05 Price Target
$3.89 Risk Management Stop
3 weeks Trade Duration