CFD Trading – Buy RIVERSTONE (AP4.SGX) @ S$0.885. Stop @ S$0.850 and Target @ S$0.990.

RIVERSTONE  Stock Code AP4.SGX

Outlook

Price could have formed a possible bottom at S$0.855. It moved and closed above the middle Bollinger band, aka the 20-day moving average. MACD is rising. These could increase chances of the stock price moving higher.

Strategy

S$0.885       Buy

S$0.990        Price Target

S$0.850        Risk Management Stop

3 weeks      Trade Duration

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