Genting Singapore Stock Code G13.SGX
Outlook
Price reached a low of $0.715 on 28 January 2022 and the next day, there was an Engulfing candlestick pattern, hinting at a bullish price trend. The price rally has moved past an important high, creating an Ichimoku reversal. The V-shaped reversal is hinting at a price move to $0.820. MACD has a bullish crossover, hinting at a bullish price trend. If price is above to stay above the Ichimoku reversal point, we are likely to see price moving towards the V-shaped price projection at $0.820 in the next 2-3 weeks.
Strategy
$0.775 Buy
$0.820 Price Target
$0.745 Risk Management Stop
3 weeks Trade Duration
