CFD Trading – Buy GuocoLand (F17.SGX) @ $1.65. Stop @ $1.59 and Target @ $1.77.

GuocoLand Stock Code F17.SGX


Price reached a high of $1.81 on 13 September and has been in a decline since that high. The recent decline was supported by the upper edge of the cloud, keeping the uptrend intact. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD is bearish but could be about to have a bullish crossover, hinting at a bullish price trend. If price is able to stay above the cloud, it could be heading towards the previous high at $1.77 in the next 2-3 weeks.


$1.65                 Buy

$1.77                 Price Target

$1.59                 Risk Management Stop

3 weeks            Trade Duration

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