CFD Trading – Buy HONG FOK (H30.SGX) @ $0.850. Stop @ $0.815 and Target @ $0.960.

HONG FOK Stock Code H30.SGX

Outlook

Price has been moving higher after reaching a bottom at S$0.805. There is potential divergence warning given from the RSI that hints at possible reversal. The RSI is rising above its neutral level. These could increase chances of the stock price moving higher.

Strategy

$0.850         Buy

$0.960        Price Target

$0.815          Risk Management Stop

3 weeks     Trade Duration

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