CFD Trading – Buy ST ENGINEERING (S63.SGX) @ S$4.08. Stop @ S$4.00 and Target @ S$4.44.

ST ENGINEERING  Stock Code S63.SGX

Outlook

Price is trading above the cloud, keeping the uptrend intact. Conversion and base lines remain in a bullish crossover. MACD remains bullish with both of its lines above the zero line. These could increase chances of the stock price moving higher.

Strategy

S$4.08          Buy

S$4.44          Price Target

S$4.00          Risk Management Stop

3 weeks      Trade Duration

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