CFD Trading – Buy Hong Fok (H30.SGX) @ $0.940. Stop @ $0.880 and Target @ $1.02.

Hong Fok Stock Code H30.SGX


The recent price correction was supported by the cloud, as well as the base line, keeping the bullish price trend intact. Conversion and base lines remained in a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish price trend. MACD remains above the zero line and is hinting at a bullish price trend. As long as price stays the cloud, we to see price moving higher to $1.02, which is also the recent price high, in the next 2-3 weeks.


$0.940                Buy

$1.02                 Price Target

$0.880                Risk Management Stop

3 weeks Trade Duration

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