Hong Leong Fin Stock Code S41.SGX
After reaching a high at $2.57 on 24 February, price went into a consolidation. During the price decline, price was supported by the Base line and managed to stay above the cloud, keeping the uptrend intact. Price also managed to stay above the Fibonacci 50% correction point. Conversion line and Base line remain in a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD remains above the zero line and is hinting at a bullish price trend.
$2.57 Price Target
$2.46 Risk Management Stop
3 weeks Trade Duration