CFD Trading – Buy Samudera Shipping (S56.SGX) @ $1.01. Stop @ $0.950 and Target @ $1.20.

Samudera Shipping Stock Code S56.SGX


Price broke above the cloud in the previous trading session, 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 bullish and is hinting at a bullish price trend. As long as price stays above the cloud, we think price could be heading to the previous high at $1.20 in the next 2-3 weeks.


$1.01                 Buy

$1.20                 Price Target

$0.950             Risk Management Stop

3 weeks            Trade Duration

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