Jardine C&C Stock Code C07.SGX
Outlook
After reaching a high at $32.00 on 18 June 2022, a price correction followed. The price correction managed to stay above the cloud, keeping the bullish trend intact. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish price trend. 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 $32.00 in the next 2-3 weeks.
Strategy
$28.00 Buy
$32.00 Price Target
$26.00 Risk Management Stop
3 weeks Trade Duration
