CFD Trading – Buy SGX (S68.SGX) @ $9.78. Stop @ $9.55 and Target @ $10.27.

SGX Stock Code S68.SGX

Outlook

The stock price is trading above the cloud, keeping the uptrend intact. The lagging span is above the cloud and the price of 26-days ago, confirming the bullish price trend. A bullish conversion and base lines crossover is likely in the coming session. MACD remains bullish. These could increase chances of the stock price moving higher.

Strategy

$9.78         Buy

$10.27        Price Target

$9.55          Risk Management Stop

3 weeks     Trade Duration

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