CFD Trading – Buy Sembcorp Ind (U96.SGX) @ $3.04. Stop @ $2.89 and Target @ $3.33.

Sembcorp Ind Stock Code U96.SGX


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.


$3.04                 Buy

$3.33                 Price Target

$2.89                Risk Management Stop

3 weeks            Trade Duration

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