Creative Stock Code C76.SGX
Outlook
Price, after reaching a high of $ 2.00 on 5 January 2023, went into a correction. The correction managed to stay above the cloud, keeping the bullish price trend intact. Conversion and Base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is bullish, with both lines above the zero line and is hinting at a bullish price trend. We think price is likely to move up to the previous price resistance at $2.00 in the next 2-3 weeks.
Strategy
$1.62 Buy
$1.90 Price Target
$1.45 Risk Management Stop
3 weeks Trade Duration
