CFD Trading – Buy FRASERS CPT TR (J69U.SGX) @ S$2.31. Stop @ S$2.27 and Target @ S$2.45.

FRASERS CPT TR  Stock Code J69U.SGX

Outlook

Price is trading far above the cloud, keeping the strong bullish price trend intact. Conversion and base lines are rising, hinting at more upside ahead. MACD is strong and bullish. We could see price retracing to its conversion line support for its next rally.

Strategy

S$2.31         Buy

S$2.45         Price Target

S$2.27         Risk Management Stop

3 weeks      Trade Duration

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