CFD Trading – Buy Cosco Shipping (1919.HKE) at $10.00. Stop at $9.30 and Target at $13.00.

Cosco Shipping  Stock Code 1919.HKE

Price broke above the cloud two days ago and yesterday, price also broke above a recent high and completed a V-shaped breakout. The V-shaped price breakout has a projection target of $13.10. 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. The MACD is rising after a bullish crossover.

$10.00               Buy
$13.00                Price Target
$9.30                 Risk Management Stop
2 weeks            Trade Duration

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