CFD Trading – Buy ST ENGINEERING (S63.SGX) @ S$4.68. Stop @ S$4.52 and Target @ S$5.00.

ST ENGINEERING  Stock Code S63.SGX

Outlook

The chart outlook remains bullish as price is trading above the cloud. Conversion and base lines remain in a bullish crossover. MACD is bullish and is rising. These could increase chances of the stock price moving higher.

Strategy

S$4.68       Buy

S$5.00          Price Target

S$4.52         Risk Management Stop

3 weeks      Trade Duration

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

CFD Trading – Buy AZTECH GBL (8AZ.SGX) @ S$0.970. Stop @ S$0.945 and Target @ S$1.060.

AZTECH GBL  Stock Code 8AZ.SGX

Outlook

Price managed to stay above the cloud, keeping the uptrend intact. Conversion and base lines remain in a bullish crossover. MACD remains bullish and it is rising. These could increase chances of the stock price moving higher.

Strategy

S$0.970         Buy

S$1.060          Price Target

S$0.945         Risk Management Stop

3 weeks      Trade Duration

CFD Trading – Buy SIA ENGINEERING (S59.SGX) @ S$2.34. Stop @ S$2.29 and Target @ S$2.56.

SIA ENGINEERING  Stock Code S59.SGX

Outlook

Price managed to stay above the cloud, keeping the uptrend intact. Conversion and base lines remain in a bullish crossover. MACD is bullish and is rising. We could see price rebounding from the cloud support to move higher.

Strategy

S$2.34         Buy

S$2.56         Price Target

S$2.29         Risk Management Stop

3 weeks      Trade Duration

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