YZJ Shipbldg SGD Stock Code BS6.SGX
After reaching a high of $1.53 on 3 March 2022, the price correction was supported by the cloud, keeping the uptrend intact. In the previous trading session, price broke above a small V-shaped Ichimoku structure, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish trend. MACD is bullish and is hinting at a bullish price trend. We are likely to see a price rally to the previous high at $1.53 in the next 1-2 weeks.
$1.53 Price Target
$1.35 Risk Management Stop
2 weeks Trade Duration