DFIRG USD Stock Code D01.SGX
Outlook
Price is trading below the cloud, keeping the downtrend intact. Both conversion and base lines are falling, hinting at more downside ahead. It broke out below the pennant pattern, suggesting the increased downward momentum. These could increase chances of the stock price moving lower.
Strategy
US$1.85 Sell
US$1.60 Price Target
US$1.92 Risk Management Stop
3 weeks Trade Duration
DFIRG USD Stock Code D01.SGX
Outlook
Price is trading below the cloud, keeping the downtrend intact. The thick cloud is acting as strong resistance. There is a bearish conversion and base lines crossover. MACD remains bearish and is moving lower. These could increase chances of the stock price moving lower.
Strategy
US$1.86 Sell
US$1.64 Price Target
US$1.91 Risk Management Stop
3 weeks Trade Duration
DFIRG USD Stock Code D01.SGX
Outlook
Price has been moving lower since 2 April. It could be consolidating within a bearish pennant continuation pattern that hints at more downside ahead. MACD remains bearish. These could increase chances of the stock price moving lower.
Strategy
US$1.91 Sell
US$1.63 Price Target
US$2.00 Risk Management Stop
3 weeks Trade Duration
DFIRG USD Stock Code D01.SGX
Outlook
Price could have formed a possible bottom at US$1.75. It broke above its recent price range as well as the upper Bollinger band. Both bands are widening, hinting at high volatility ahead. The RSI is rising above its neutral level. These could increase chances of the stock price moving higher.
Strategy
US$1.93 Buy
US$2.19 Price Target
US$1.81 Risk Management Stop
3 weeks Trade Duration
DFIRG USD Stock Code D01.SGX
Outlook
Price has been trading below its cloud, confirming the bearish price trend. It broke and closed below a triangle chart pattern yesterday, hinting at a possible acceleration of the downward movement. Conversion and base lines are heading lower, pointing at the downtrend as well. MACD is bearish and had a bearish crossover. We are likely to see price continuing to move lower.
Strategy
U$2.73 Sell
U$2.50 Price Target
U$2.85 Risk Management Stop
3 weeks Trade Duration
