IREIT Global SGD Stock Code UD1U.SGX
Outlook
Price, after reaching a high at $0.580 on 25 January 2023, went into a correction. The correction was supported by the base line above the cloud, keeping the bullish price trend intact. Conversion line and Base line remain in a bullish crossover and is hinting at a bullish price trend. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish trend. MACD is above the zero line 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 $0.580.
Strategy
$0.545 Buy
$0.580 Price Target
$0.525 Risk Management Stop
3 weeks Trade Duration
