CFD Trading – Buy CityDev (C09.SGX) @ $8.05. Stop @ $7.97 and Target @ $8.40

City Dev Stock Code C09.SGX


After reaching a high at $8.66 on 28 April 2022, a price correction followed. The price correction was supported by the cloud, keeping the bullish trend intact. Conversion and Base lines remain above the cloud. Lagging Span is below price of 26 days ago and is above the cloud. MACD is bullish with both its lines above the zero line. If price can stay above the cloud, we are likely to see a rally to the previous high at $8.40 in the next 2-3 weeks.


$8.05                  Buy

$8.40                Price Target

$7.97                 Risk Management Stop

3 weeks              Trade Duration

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