SINGER : Swing trade target at 4.60, Buy near 4

Singer has key support at 4, but given it is such a low volume counter, even a sown tick to 3.94 can’t be ruled out. The stock looks as if it will break above the recent high at 4.28 in the near futures, and may tempt some for a low exposure punt from 4 or so with 4.24 as the VST target, then 4.60. On a longer term basis, our target for SINGER is 7

 

 

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