CFD Trading – Buy WILMAR INTL (F34.SGX) @ $3.70. Stop @ $3.62 and Target @ $3.90.

WILMAR INTL Stock Code F34.SGX

Outlook

Price managed to stay above the base line which is acting as support at the moment. Conversion and base lines remain in a bullish crossover that hints at potential upside ahead. MACD remains bullish with both of the lines above the zero line. These could increase chances of the stock price moving higher.

Strategy

$3.70         Buy

$3.90        Price Target

$3.62          Risk Management Stop

3 weeks     Trade Duration

CFD Trading – Buy THAIBEV (Y92.SGX) @ $0.575. Stop @ $0.545 and Target @ $0.615.

THAIBEV Stock Code Y92.SGX

Outlook

Price broke and closed above the cloud, turning the chart outlook to bullish. Conversion and base lines remain in a bullish crossover. MACD is moving higher towards the zero line and a bullish MACD crossover is likely. These could increase chances of the stock price moving higher.

Strategy

$0.575         Buy

$0.615        Price Target

$0.545          Risk Management Stop

3 weeks     Trade Duration

CFD Trading – Buy CIVMEC (P9D.SGX) @ $0.810. Stop @ $0.785 and Target @ $0.855.

CIVMEC Stock Code P9D.SGX

Outlook

Price is currently supported by the cloud support. Conversion and base lines remain in a bullish crossover that hints at possible upside ahead. MACD is bullish and is rising. These could increase chances of the stock price rebounding from the cloud support to move higher.

Strategy

$0.810         Buy

$0.855        Price Target

$0.785          Risk Management Stop

3 weeks     Trade Duration

CFD Trading – Sell KEPPEL CORP (BN4.SGX) @ $6.90. Stop @ $7.13 and Target @ $6.39.

KEPPEL CORP  Stock Code BN4.SGX

Outlook

Price has been moving lower after forming a price top at S$7.31. It could be consolidating within a bear flag pattern, hinting at possible downside ahead. MACD is bullish but it seems weak at the moment. Price could move lower if it break below the flag pattern and the cloud support.

Strategy

$6.90           Sell

$6.39          Price Target

$7.13            Risk Management Stop

3 weeks      Trade Duration

CFD Trading – Buy OCBC BANK (O39.SGX) @ $12.53. Stop @ $12.25 and Target @ $13.25.

OCBC BANK Stock Code O39.SGX

Outlook

Price rebounded after being supported by the upper edge of the cloud support. There is a bullish conversion and base lines crossover that hints at potential upside ahead. MACD is still bullish and remains in a bullish crossover. These could increase chances of the stock price rebounding to move higher.

Strategy

$12.53          Buy

$13.25         Price Target

$12.25          Risk Management Stop

3 weeks      Trade Duration