CFD Trading – Short Sell SATS (S58.SGX) @ $4.11. Stop @ $4.23 and Target @ $3.91.

SATS Stock Code S58.SGX


After reaching a high of $4.22 on 11 October 2021, the price correction broke below the cloud, two days ago. This has changed the chart outlook from a correction into a bear trend. Conversion and Base lines had a bearish crossover earlier, hinting at a bearish trend. Lagging Span is below price of 26 days ago but is above the cloud. MACD is bearish and moving lower, hinting at a bearish price trend. We are expecting price to decline to the next support level at $3.90 in the next 2-3 weeks.


$4.11                 Short Sell

$3.91                 Price Target

$4.23                 Risk Management Stop

3 weeks Trade Duration

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