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
DELFI Stock Code P34.SGX
Outlook
Price rebounded after touching its previous low support zone for a third occasion. A bullish engulfing was seen yesterday. Stochastic is at the oversold region and there is a bullish Stochastic crossover that hints at potential upside ahead. These could increase chances of the stock price moving higher.
Strategy
$1.22 Buy
$1.34 Price Target
$1.15 Risk Management Stop
3 weeks Trade Duration
