Tag: ISDN

ISDN Stock Code I07.SGX

Outlook

Price, after reaching a high at $0.46 on 14 December, has been declining. We are expecting the thick cloud to provide support and keep the bullish price trend intact. Conversion line and Base line remain in a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago but is below the cloud at the moment.  MACD is above the zero line and is hinting at a bullish price trend. If price is able to stay above the cloud, it could be heading towards the previous resistance high at $0.50 in the next 2-3 weeks.

Strategy                  

$0.425                Buy

$0.500                Price Target

$0.390                Risk Management Stop

3 weeks              Trade Duration

ISDN Stock Code I07.SGX

Outlook

After reaching a high of $0.785, a price correction is sending price towards the support provided by the Conversion and Base lines. The price is also supported by the upper edge of the cloud, keeping the bullish trend intact. Conversion and Base lines had a bullish crossover earlier, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish and is hinting at a bullish price trend. We are expecting price to be supported by the Conversion and Base lines. We are expecting a rally to bring price to the previous high at $0.800 in the next 2-3 weeks.

Strategy                  

$0.700                Buy

$0.800                Price Target

$0.655                Risk Management Stop

3 weeks              Trade Duration

ISDN Stock Code I07.SGX

Outlook
Price broke above the cloud on 6 April 2021 and has stayed above the cloud since that breakout. There was a price decline but that correction had stayed above the cloud, keeping the uptrend intact. Two days ago, price had gapped higher, hinting of acceleration in the uptrend. Conversion and Base had a bullish crossover earlier, hinting of the bullish trend. Lagging Span is above price of 26 days ago as well as above the cloud, confirming the bullish trend. MACD remains bullish and is hinting of a price rally ahead. We are expecting price to test the previous high of $0.815 again.

Strategy                  
$0.700                Buy
$0.810                Price Target
$0.645                Risk Management Stop
3 weeks              Trade Duration

ISDN Stock Code I07.SGX

Outlook
Price reached a high of $0.820 on 21 January and has been on a decline. The decline reached a low of $0.650 and had hold on two different occasions. This is also a previous resistance turned support line as well. Yesterday, price gapped up, hinting that the correction could have ended and a rally to $0.820 could be on the way.  Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish trend. MACD remains bullish with both its lines high above the zero line, which is a hint of a strong bullish price trend.

Strategy
$0.730                Buy
$0.820                Price Target
$0.660                Risk Management Stop
3 weeks Trade Duration