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
