YZJ SHIPBLDG SGD Stock Code BS6.SGX
Outlook
The chart outlook remains bullish as price is trading above the cloud. Price broke and closed above the rising channel yesterday after rebounding from its resistance-turned-support zone. MACD is strong and bullish and it is rising. We are likely to see price continuing to move higher as long as it stay above the base line support.
Strategy
$1.34 Buy
$1.50 Price Target
$1.26 Risk Management Stop
3 weeks Trade Duration
