CFD Trading – Buy RAFFLES MEDICAL (BSL.SGX) @ $1.03. Stop @ $0.98 and Target @ $1.15.

RAFFLES MEDICAL Stock Code BSL.SGX

Outlook

Price could have formed a possible price low at S$0.995. It has moved and closed above the middle Bollinger band, aka the 20-day moving average. The RSI is rising above its neutral level. These could increase chances of the stock price continuing to move higher.

Strategy

$1.03         Buy

$1.15        Price Target

$0.98          Risk Management Stop

3 weeks     Trade Duration

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