CFD Trading – Buy ABC (1288.HKE) at $3.23. Stop at $3.05 and Target at $3.45.

ABC   Stock Code 1288.HKE

Price was able to stay above the resistance-turned-support level since the breakout day on 8 March 2021. There is a bullish Conversion and Base lines crossover that hints for potential upside ahead. The Lagging Span is above the cloud and the price of 26 days ago, confirming the bullish price trend currently. The MACD is also strong and bullish at the moment. We are likely to see price resuming its upward momentum to move higher to the next resistance level at HK3.45.

$3.23                 Buy
$3.45                 Price Target
$3.05                 Risk Management Stop
2 weeks            Trade Duration

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