Sembcorp Ind Stock Code U96.SGX
Outlook
Price broke above a previous high as well as an Ichimoku V-shaped structure two days ago, triggering a breakout with a price target at $3.33. Conversion line and Base line remained in a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish price trend. MACD is bullish and is hinting at a bullish price trend. If price is able stay above the breakout, it could be heading towards the V-shaped price target at $3.33 in the next 2-3 weeks.
Strategy
$3.04 Buy
$3.33 Price Target
$2.89 Risk Management Stop
3 weeks Trade Duration
