CFD Trading – Buy Golden Energy (AUE.SGX) @ $0.675. Stop @ $0.615 and Target @ $0.790

Golden Energy Stock Code AUE.SGX

Outlook

Price broke above the cloud 3 days ago and has been closing higher for 3 consecutive days. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago but is inside the cloud at the moment.  MACD is bullish with both its line moving higher. If price can stay above the cloud, it could be heading towards the previous high at $0.790.

Strategy                  

$0.675                Buy

$0.790                Price Target

$0.615                Risk Management Stop

3 weeks              Trade Duration

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