CFD Trading – Buy Aztech GBL (8AZ.SGX) @ $0.830. Stop @ $0.795 and Target @ $0.880.

Aztech Stock Code 8AZ.SGX

Outlook

Price stayed above the cloud in the past few trading sessions, keeping the bullish price trend intact. Price also managed to stay above the Fibonacci 50% correction level as well. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is just above price of 26 days ago and above the cloud, confirming the bullish price trend.  MACD 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 $0.880 in the next 2-3 weeks.

Strategy                  

$0.830                Buy

$0.880                Price Target

$0.795                Risk Management Stop

3 weeks              Trade Duration


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