CFD Trading – Buy Geo Energy Res (RE4.SGX) @ $0.505. Stop @ $0.450 and Target @ $0.570

Geo Energy Res Stock Code RE4.SGX


After reaching a high of $0.585 on 7 March 2022, a price correction followed. The price correction is supported by the cloud as well as the Base and Conversion lines. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish price trend. MACD remains above the zero line and is hinting at a bullish price trend. As long as price stays above the cloud, the bullish price trend is likely to send price higher to $0.570 in the next 1-2 weeks.


$0.505                Buy

$0.570                Price Target

$0.450                Risk Management Stop

2 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.