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.
$1.050 Price Target
$0.890 Risk Management Stop
3 weeks Trade Duration