CFD Trading – Buy Top Glove (BVA.SGX) @ $0.280. Stop @ $0.235 and Target @ $0.360.

Top Glove Stock Code BVA.SGX

Outlook

Price had moved above the cloud in the two previous trading sessions, changing the chart outlook to bullish. Conversion line and Base line had 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 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 $0.360.

Strategy                  

$0.280                Buy

$0.360                Price Target

$0.235                Risk Management Stop

3 weeks              Trade Duration


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