CFD Trading – Buy ST ENGINEERING (S63.SGX) @ S$4.47. Stop @ S$4.39 and Target @ S$4.81.

ST ENGINEERING  Stock Code S63.SGX

Outlook

The chart outlook remains bullish as price is trading above the cloud. Price is currently consolidating within a flag pattern. MACD is still bullish and a bullish crossover could be likely. These could increase chances of the stock price moving higher.

Strategy

S$4.47         Buy

S$4.81         Price Target

S$4.39         Risk Management Stop

3 weeks      Trade Duration

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