CFD Trading – Buy ISDN (I07.SGX) @ $0.425. Stop @ $0.390 and Target @ $0.500.

ISDN Stock Code I07.SGX


Price, after reaching a high at $0.46 on 14 December, has been declining. We are expecting the thick cloud to provide support and keep the bullish price trend intact. Conversion line and Base line remain in a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago but is below the cloud at the moment.  MACD is above the zero line and is hinting at a bullish price trend. If price is able to stay above the cloud, it could be heading towards the previous resistance high at $0.50 in the next 2-3 weeks.


$0.425                Buy

$0.500                Price Target

$0.390                Risk Management Stop

3 weeks              Trade Duration

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