Capland Ascendas Reit Stock Code A17U.SGX
Outlook
Price, after reaching a high at $2.93 on 3 February 2023, went into a correction. The correction was supported above 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 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 $2.93 in the next 2-3 weeks.
Strategy
$2.75 Buy
$2.90 Price Target
$2.69 Risk Management Stop
3 weeks Trade Duration
