CFD Trading – Buy RAFFLES MEDICAL (BSL.SGX) @ $1.16. Stop @ $1.12 and Target @ $1.26.

RAFFLES MEDICAL Stock Code BSL.SGX

Outlook

Price rebounded after being supported by its gap support zone that formed on 1 August 2023. It could be forming a potential morning doji star candlestick pattern, hinting at possible reversal ahead. The RSI is rising from the oversold region. These could increase chances of the stock price rebounding to move higher.

Strategy

$1.16         Buy

$1.26        Price Target

$1.12          Risk Management Stop

3 weeks     Trade Duration

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