CFD Trading – Buy SIA Engineering (S59.SGX) @ $2.24. Stop @ $2.14 and Target @ $2.48.

SIA Engineering Stock Code S59.SGX


After reaching a high of $2.48 on 15 November 2021, a price correction was supported by the upper edge of the cloud, keeping the uptrend intact. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish trend. MACD remains bullish and is hinting at a bullish price trend. We are expecting price to be supported by the cloud and a rally to follow to the next resistance level at $2.48 in the next 2-3 weeks.


$2.24                 Buy

$2.48                 Price Target

$2.14                 Risk Management Stop

3 weeks Trade Duration

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