CFD Trading – Buy Anta Sports (2020.HKE) @ $84.35. Stop at $80.00 and Target at $96.00

ANTA SPORTS Stock Code 2020.HKE

Price managed to rebound from the cloud, keeping the bullish trend intact. There is a bullish Conversion and Base lines crossover, hinting at the potential upside ahead. The momentum indicator, the MACD, is rising from the zero line at the moment, suggesting this stock is having upward momentum. There is also a bullish gap with price closing above the recent range highs that is hinting of an upward strength. These could increase chances of the stock price resuming its upward momentum to move higher.

$84.35                Buy
$96.00                Price Target
$80.00                Risk Management Stop
2 weeks              Trade Duration

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