CFD Trading – Buy First Resources (EB5.SGX) @ $2.17. Stop @ $2.07 and Target @ $2.40.

First Resources Stock Code EB5.SGX


Price broke above Triangle chart pattern in the previous trading session, which could be a hint of a bullish price trend ahead. 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 has bullish crossover and is moving higher, hinting at a bullish price trend. If price can above the Triangle chart pattern, we are likely to see a rally to the Triangle chart pattern price target at $2.40 in the next 2-3 weeks.


$2.17                 Buy

$2.40                 Price Target

$2.07                 Risk Management Stop

3 weeks Trade Duration

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