CFD Trading – Buy SEATRIUM LIMITED (S51.SGX) @ S$1.73. Stop @ S$1.65 and Target @ S$1.90.

SEATRIUM LIMITED  Stock Code S51.SGX

Outlook

Price has formed a base low at S$1.48. It managed to stay above the gap support zone, which is also the middle Bollinger band as well as the 20-day moving average. MACD remains bullish. These could increase chances of the stock price moving higher.

Strategy

S$1.73          Buy

S$1.90          Price Target

S$1.65          Risk Management Stop

3 weeks      Trade Duration

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