CFD Trading – Buy SEATRIUM LIMITED (S51.SGX) @ S$1.73. Stop @ S$1.65 and Target @ S$1.90.

SEATRIUM LIMITED  Stock Code S51.SGX

Outlook

Price has formed a base low at S$1.48. It managed to stay above the gap support zone, which is also the middle Bollinger band as well as the 20-day moving average. MACD remains bullish. These could increase chances of the stock price moving higher.

Strategy

S$1.73          Buy

S$1.90          Price Target

S$1.65          Risk Management Stop

3 weeks      Trade Duration

CFD Trading – Buy SEATRIUM LIMITED (S51.SGX) @ S$0.080. Stop @ S$0.073 and Target @ S$0.095.

SEATRIUM LIMITED  Stock Code S51.SGX

Outlook

Price could have formed a potential double bottom chart pattern. It rebounded from its previous low support zone of S$0.076. There is potential divergence warning given from MACD. These could increase chances of the stock price rebounding to move higher.

Strategy

S$0.080          Buy

S$0.095          Price Target

S$0.073          Risk Management Stop

3 weeks      Trade Duration

CFD Trading – Buy SEATRIUM LIMITED (S51.SGX) @ $0.124. Stop @ $0.120 and Target @ $0.133.

SEATRIUM LIMITED Stock Code S51.SGX

Outlook

Price has declining after reaching a price top at S$0.147. It reached and tested its previous low support zone. There is potential divergence warning given from the RSI that hints for possible reversal. These could increase chances of the stock price rebounding from this support zone to move higher.

Strategy

$0.124         Buy

$0.133        Price Target

$0.120          Risk Management Stop

3 weeks     Trade Duration