H13.SGX Stock Code Ho Bee Land Outlook The price peaked at $3.02 on June 15, 2021, and has since fallen. The fall had remained above the cloud, maintaining the uptrend. The base line may provide support for the pullback. Earlier, Conversion and Base had a bullish crossover, indicating a bullish trend. The Lagging Span is above the cloud and above the price of 26 days ago, confirming the bullish trend. The MACD indicator is still bullish, indicating that a price rally is on the way. We predict pricing to challenge the previous high of $3.02 again if price can stay above the cloud.
Strategy
Buy at $2.83, Price Target at $3.00, and Sell at $2.70. Stop Managing Risks Duration of Trade: 3 weeks
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