Bumitama Agri Stock Code P8Z.SGX
Outlook
Price broke above the cloud, changing the chart outlook to bullish. 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 moving above the zero line after a bullish crossover and is hinting at a bullish price trend. If price can stay above cloud, it could be heading towards the resistance at $0.68 in the next 2-3 weeks.
Strategy
$0.630 Buy
$0.680 Price Target
$0.595 Risk Management Stop
3 weeks Trade Duration
