CFD Trading – Buy Aztech GBL (8AZ.SGX) @ $0.700. Stop @ $0.680 and Target @ $0.765.

AZTECH GBL   Stock Code 8AZ.SGX

Outlook

Price formed a possible bottom at S$0.655. It has been rebounding from that bottom and is forming higher highs and higher lows. It has moved above the 20MA, which is the middle Bollinger band. MACD has been rising towards the zero line after having a bullish crossover. These could increase chances of the stock price moving higher.

Strategy

$0.700                Buy

$0.765                Price Target

$0.680                Risk Management Stop

3 weeks             Trade Duration

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