SGX Stock Code S68.SGX
Outlook
Price is trading below the cloud, keeping the downtrend intact. Conversion and base lines remain in a bearish crossover. MACD remains bearish with both of its lines far below the zero line. Price appears to be capped by the cloud resistance, which is also the base line resistance. These could increase chances of the stock price continuing to move lower.
Strategy
S$9.37 Sell
S$8.50 Price Target
S$9.60 Risk Management Stop
3 weeks Trade Duration
SGX Stock Code S68.SGX
Outlook
The stock price is trading above the cloud, keeping the uptrend intact. The lagging span is above the cloud and the price of 26-days ago, confirming the bullish price trend. A bullish conversion and base lines crossover is likely in the coming session. MACD remains bullish. These could increase chances of the stock price moving higher.
Strategy
$9.78 Buy
$10.27 Price Target
$9.55 Risk Management Stop
3 weeks Trade Duration
SGX Stock Code S68.SGX
Outlook
The stock price is trading above the cloud, keeping the uptrend intact. There is a bullish conversion and base lines crossover that hints at potential upside ahead. MACD is bullish and is rising after the bullish crossover, suggesting the increased upward momentum. These could increase chances of the stock price moving higher.
Strategy
$9.65 Buy
$10.30 Price Target
$9.50 Risk Management Stop
3 weeks Trade Duration
SGX Stock Code S68.SGX
Outlook
Price could have formed a possible price top at S$9.73. It broke and moved below both the conversion and base lines yesterday with a bearish candle. There is potential divergence warning given from the MACD that warns of possible reversal ahead. MACD is moving lower after a bearish crossover. These could increase chances of the stock price moving lower.
Strategy
$9.45 Sell
$8.90 Price Target
$9.80 Risk Management Stop
3 weeks Trade Duration
SGX Stock Code S68.SGX
Outlook
Price started to retrace after trading near to its previous high resistance zone. There is a divergence warning given from the MACD that warns of possible trend reversal ahead. A bearish MACD crossover is also likely in the coming session. We are likely to see price moving lower to S$9.00.
Strategy
$9.63 Sell
$9.00 Price Target
$9.85 Risk Management Stop
3 weeks Trade Duration
