CFD Trading – Buy SIA (C6L.SGX) @ S$5.90. Stop @ S$5.79 and Target @ S$6.28.

SIA  Stock Code C6L.SGX

Outlook

Price has been on a decline since 25 July. It is currently testing its previous low support zone. The RSI has been falling to its oversold zone. These could increase chances of the stock price to have a corrective rebound from this support zone.

Strategy

S$5.90         Buy

S$6.28          Price Target

S$5.79          Risk Management Stop

3 weeks      Trade Duration

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