Bumitama Agri Stock Code P8Z.SGX
After reaching a high of $0.80 on 7 March 2022, price went into a Triangle consolidation. In the previous trading session, price broke above the Triangle chart pattern. Conversion and Base lines remain in a bullish crossover, hinting at a bullish trend. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish trend. MACD is bullish with both its lines above the zero line. We are likely to see a price rally to the Triangle chart pattern target at $0.90 in the next 2-3 weeks.
$0.900 Price Target
$0.750 Risk Management Stop
3 weeks Trade Duration