CFD Trading – Buy Genting Sing (G13.SGX) @ $0.785. Stop @ $0.755 and Target @ $0.825

Genting Sing Stock Code G13.SGX


After reaching a high at $0.825, price went into a corrective decline as price was still above the cloud. The decline has reached the Fibonacci 38% of the rally and the uptrend could resume again after being supported at the previous price low. Lagging Span is below price of 26 days ago but is above the cloud. MACD remains bullish with both its lines above the zero line. We think price is likely to move higher to the previous price high at $0.825 again in the next 2-3 weeks.


$0.785                Buy

$0.825                Price Target

$0.755                Risk Management Stop

3 weeks              Trade Duration

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