BRC Asia Stock Code BEC.SGX
Outlook
After reaching a high of $1.62 on 10 February, price has been moving lower in a correction. The price correction was halted by the cloud. Conversion and Base lines have a bullish crossover, hinting at a bullish price trend. MACD just had a bullish crossover, hinting at a bullish price trend ahead. If price can stay below the cloud, we are likely to see a rally to the Ichimoku N price projection target at $1.66 in the next 1-2 weeks.
Strategy
$1.57 Buy
$1.66 Price Target
$1.52 Risk Management Stop
2 weeks Trade Duration
