CFD Trading – Buy SGX (S68.SGX) @ $9.60. Stop @ $9.25 and Target @ $10.30.

SGX Stock Code S68.SGX


During the recent price correction, the price was supported by the cloud, which prevented the chart outlook from turning bearish. Conversion line and Base line remain in a bearish crossover. Lagging Span is below price of 26 days ago but is above the cloud.  MACD remains below the zero line but a bullish crossover is hinting at a bullish price trend ahead.  As long as price stays above the cloud, the bullish price trend is likely to send price higher to $10.32 in the next 1-2 weeks.


$9.60                 Buy

$10.30                Price Target

$9.25                 Risk Management Stop

2 weeks              Trade Duration

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