CFD Trading – Buy Mappletree Ind Trust (ME8U.SGX) @ $2.62. Stop @ $2.55 and Target @ $2.72.

Mappletree Ind Trust Stock Code ME8U.SGX


Price broke above the cloud and reached a high at $2.66 on 27 June 2022. During a price correction, price was supported by the Conversion line. Conversion line and Base line remained in a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD remains above the zero line and is hinting at a bullish price trend. As long as price stays above the cloud, the bullish price trend is likely to send price higher to $2.72, in the next 2-3 weeks.


$2.62                 Buy

$2.72                 Price Target

$2.55                 Risk Management Stop

3 weeks             Trade Duration

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