CFD Trading – Buy Raffles Medical (BSL.SGX) @ $1.43. Stop @ $1.38 and Target @ $1.52.

Raffles Medical Stock Code BSL.SGX


After reaching a high at $1.52, price went into a correction.  The correction is currently supported by the conversion line and is above the cloud, keeping the uptrend intact. Conversion and Base lines remain in a bullish crossover and is hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish, with both lines above the zero line. MACD is hinting at a bullish price trend. We think price is likely to move higher to the previous price resistance at $1.52 in the next 2-3 weeks.


$1.43                 Buy

$1.52                 Price Target

$1.38                 Risk Management Stop

3 weeks              Trade Duration

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