CFD Trading – Buy CITYDEV (C09.SGX) @ $8.20. Stop @ $7.99 and Target @ $8.65.

CITYDEV Stock Code C09.SGX


Price broke above the cloud in the previous trading session, changing the chart outlook to bullish trend. Price also broke above an Ichimoku V-shaped reversal, with a price projection target at $8.85. Conversion and Base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish trend. MACD has a bullish crossover and is hinting at a bullish price trend. We think price is likely to move higher to the previous price resistance at $8.67 in the next 2-3 weeks.


$8.20                 Buy

$8.65                 Price Target

$7.99                 Risk Management Stop

3 weeks              Trade Duration

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