CFD Trading – Buy YZJ SHIPBLDG SGD (BS6.SGX) @ $1.75. Stop @ $1.67 and Target @ $1.88.

YZJ SHIPBLDG SGD Stock Code BS6.SGX

Outlook

The chart outlook remains strong and bullish as price is trading far above the cloud. Conversion and base lines are rising, hinting at more upside ahead. Price broke and closed above the consolidation zone, suggesting the increased upward momentum. These could increase chances of the stock price continuing to move higher.

Strategy

$1.75          Buy

$1.88         Price Target

$1.67          Risk Management Stop

3 weeks      Trade Duration

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