CFD Trading – Buy HONG FOK (H30.SGX) @ $1.02. Stop @ $0.925 and Target @ $1.18

HONG FOK Stock Code H30.SGX


Price reached a high of $1.18 on 15 August 2022 and has been on a decline since that high. The decline is likely to be supported by the base line. Conversion and base line remained in a bullish crossover, hinging at a bullish price trend. Lagging Span is above price of 26 days ago and is above the cloud, hinting at a bullish price trend. MACD lines are high above the zero line and are hinting at a bullish price trend.  . If price is able to stay above the cloud, it could be heading towards the previous high at $1.18 in the next 2-3 weeks.


$1.02                 Buy

$1.18                 Price Target

$0.925             Risk Management Stop

3 weeks            Trade Duration

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