CFD Trading – Sell SIA (C6L.SGX) @ $7.31. Stop @ $7.50 and Target @ $6.51.

SIA   Stock Code C6L.SGX


The stock price was capped by the middle Bollinger band, which is also the 20-day moving average, coinciding with the gap resistance that created on 30 June 2023. A potential shooting star reversal candlestick was formed yesterday. The RSI is moving lower below its neutral level. We could see price continuing its downward momentum to move lower.


$7.31                 Sell

$6.51                Price Target

$7.50               Risk Management Stop

3 weeks             Trade Duration

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