CFD Trading – Buy HONG FOK (H30.SGX) @ S$0.825. Stop @ S$0.805 and Target @ S$0.880.

HONG FOK  Stock Code H30.SGX

Outlook

The chart outlook has turned bullish as price broke and closed above the cloud. Conversion and base lines remain in a bullish crossover. MACD has turned bullish with both of its lines above the zero line. These could increase chances of the stock price moving higher.

Strategy

S$0.825         Buy

S$0.880          Price Target

S$0.805         Risk Management Stop

3 weeks      Trade Duration

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