CFD Trading – Sell SIA (C6L.SGX) @ $7.24. Stop @ $7.45 and Target @ $6.90.

SIA  Stock Code C6L.SGX


Price was capped by its Fibonacci 62% correction point. A potential morning star reversal candlestick was formed yesterday, hinting at potential downside ahead. MACD is losing its upward momentum and a bearish crossover is likely. These could increase chances of the stock price moving lower.


$7.24           Sell

$6.90          Price Target

$7.45           Risk Management Stop

3 weeks      Trade Duration

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