Singapore Exchange Stock Code S68.SGX
The price broke above the cloud in the previous trading session, changing the chart outlook to bullish. The price also created a V-shaped Ichimoku reversal with a price projection target at S$10.47. The conversion and base lines had a bullish crossover, hinting at a bullish price trend. The lagging span is above price of 26 days ago but is below the cloud. The MACD indicator is moving higher above the zero line and is hinting at a bullish price trend. We foresee price moving higher to the gap zone at $10.32 in the next 2-3 weeks.
$10.32 Price Target
$9.19 Risk Management Stop
3 weeks Trade Duration