CFD Trading – Buy SIA ENGINEERING (S59.SGX) @ S$2.34. Stop @ S$2.29 and Target @ S$2.56.

SIA ENGINEERING  Stock Code S59.SGX

Outlook

Price managed to stay above the cloud, keeping the uptrend intact. Conversion and base lines remain in a bullish crossover. MACD is bullish and is rising. We could see price rebounding from the cloud support to move higher.

Strategy

S$2.34         Buy

S$2.56         Price Target

S$2.29         Risk Management Stop

3 weeks      Trade Duration

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