SHANGHAI PECHEM Stock Code 0338.HKE
Outlook
The outlook of this stock price remains bullish as price has been trading above the cloud. The Lagging Span is above the cloud and the price of 26 days ago, confirming the bullish price trend. A bullish Conversion and Base line crossover is likely in the coming session. The MACD is still bullish at the moment, with both of its lines are above the zero line. These could increase chances of the stock price moving higher to HK2.14.
Strategy
$1.94 Buy
$2.13 Price Target
$1.85 Risk Management Stop
2 weeks Trade Duration
