SGX Stock Code S68.SGX
Outlook
Price started to retrace after trading near to its previous high resistance zone. There is a divergence warning given from the MACD that warns of possible trend reversal ahead. A bearish MACD crossover is also likely in the coming session. We are likely to see price moving lower to S$9.00.
Strategy
$9.63 Sell
$9.00 Price Target
$9.85 Risk Management Stop
3 weeks Trade Duration
