CFD Trading – Sell DFIRG (D01.SGX) @ $2.73. Stop @ $2.85 and Target @ $2.50.

DFIRG USD   Stock Code D01.SGX


Price has been trading below its cloud, confirming the bearish price trend. It broke and closed below a triangle chart pattern yesterday, hinting at a possible acceleration of the downward movement. Conversion and base lines are heading lower, pointing at the downtrend as well. MACD is bearish and had a bearish crossover. We are likely to see price continuing to move lower.


U$2.73               Sell

U$2.50               Price Target

U$2.85               Risk Management Stop

3 weeks              Trade Duration

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