SEMBCORP IND Stock Code U96.SGX
Outlook
The chart outlook is strong and bullish as price is trading far above the cloud. Conversion and base lines remain in a bullish crossover. MACD is strong and bullish and is turning up. These could increase chances of the stock price penetrating its recent high to move higher.
Strategy
S$5.53 Buy
S$5.89 Price Target
S$5.39 Risk Management Stop
3 weeks Trade Duration
DELFI Stock Code P34.SGX
Outlook
Price is trading far above the cloud, keeping the uptrend. Conversion and base lines remain in a bullish crossover and the base line is acting as support. MACD remains bullish. These could increase chances of the stock price moving higher.
Strategy
S$0.850 Buy
S$0.955 Price Target
S$0.825 Risk Management Stop
3 weeks Trade Duration
SIA Stock Code C6L.SGX
Outlook
The chart outlook is bullish as price is trading above the cloud. It further penetrated above its recent price high, suggesting the increased upward momentum. MACD is bullish and is rising. These could increase chances of the stock price moving higher.
Strategy
S$6.70 Buy
S$7.17 Price Target
S$6.51 Risk Management Stop
3 weeks Trade Duration
FRASERS CPT TR Stock Code J69U.SGX
Outlook
Price has formed a price high at S$2.42. It formed a lower high after being capped by its middle Bollinger band, aka the 20MA. MACD has turned bearish and is falling. We could see price forming a lower low and continuing to move lower.
Strategy
S$2.31 Sell
S$2.12 Price Target
S$2.39 Risk Management Stop
3 weeks Trade Duration
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
