CFD Trading – Buy Chip Eng Seng (C29.SGX) @ $0.450. Stop @ $0.435 and Target @ $0.480.

Chip Eng Seng Stock Code C29.SGX


Price broke above a recent high; creating an Ichimoku V-shaped reversal with a price projection target at $0.480. Conversion and base lines had 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 bullish and is hinting at a bullish price trend. We are likely to see a rally to the Ichimoku price projection target of $0.480 in the next 1-2 weeks.


$0.450                Buy

$0.480                Price Target

$0.435                Risk Management Stop

2 weeks Trade Duration

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