China Aviation Stock Code G92.SGX
Outlook
Price, after reaching a high at $1.10 on 2 February, went into a correction. The correction was supported by the upper edge of the cloud, keeping the bullish price trend intact. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD remains bullish 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 $1.10 in the next 2-3 weeks.
Strategy
$0.970 Buy
$1.08 Price Target
$0.915 Risk Management Stop
3 weeks Trade Duration
