CFD Trading – Buy YZJ Shipbuilding SGD (BS6.SGX) @ $0.935. Stop @ $0.890 and Target @ $1.05.

YZJ Shipbuilding SGD Stock Code BS6.SGX


Price broke above a V-shaped Ichimoku structure, hinting at a price rally to the Ichimoku price projection target at $1.05. 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 and above the cloud, confirming the bullish price trend. MACD is hinting at a bullish price trend but a divergence could be developing. If price stays above breakout point, it could be heading towards $1.05 in the next 2-3 weeks.


$0.935                Buy

$1.050                Price Target

$0.890                Risk Management Stop

3 weeks Trade Duration

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