CFD Trading – Buy Genting Sing (G13.SGX) @ $0.780. Stop @ $0.755 and Target @ $0.825.

Genting Stock Code G13.SGX


Price reached a high of $0.825 on 12 August and went into a price correction. The price correction was supported by the cloud and managed to stay within the cloud, keeping the uptrend intact. In the past two trading days, price was also trying to break above the cloud, hinting at a resumption of the bullish price trend. Lagging Span is below price of 26 days ago but is above the cloud. MACD is bullish after a bullish crossover. We think price is likely to move higher to the previous high at $0.825 in the next 2-3 weeks.


$0.780                Buy

$0.825                Price Target

$0.755                Risk Management Stop

3 weeks              Trade Duration

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