Bukit Sembawang Stock Code B61.SGX
Price tested the recent high in the previous trading session but decline back at the close. However, price managed to stay above the rising trend line, keeping the rising trend intact. Conversion line and Base line remain in a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago above the cloud, confirming the bullish price trend. As long as price stays above the rising trendline, we are likely to see price moving higher to $5.20, which is also the previous price high, in the next 2-3 weeks.
$5.20 Price Target
$4.96 Risk Management Stop
3 weeks Trade Duration