CFD Trading – Sell Jardine C&C (C07.SGX) @ $30.85. Stop @ $32.20 and Target @ $27.70.

Jardine C&C Stock Code C07.SGX


Price is testing the lower edge of the cloud at the moment. A break below the cloud would call for a decline to the previous low at $27.69. Conversion and Base lines had a bearish crossover earlier, hinting at a bearish price trend. Lagging Span is below price of 26 days ago but is above the cloud. MACD is bearish with both lines below the zero line. We think price is likely to move lower to the previous low at $27.69 in the next 2-3 weeks.


$30.85                Sell

$27.70                Price Target

$32.20                Risk Management Stop

3 weeks              Trade Duration

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