CFD Trading – Buy BANKCOMM (3328.HKE) at $4.71. Stop at $4.50 and Target at $5.00.

BANKCOMM Stock Code 3328.HKE

Outlook
Price has been trending higher along with the rising Base line. It has penetrated above its recent high after being supported by the Conversion line. Conversion and Base lines had a bullish crossover earlier, hinting of a bullish price trend. The Lagging Span is above the cloud and the price of 26 days ago, confirming the bullish trend. The MACD is also strong and bullish with both of its lines high above the zero line. We are likely to see price continuing its upward momentum to move higher.

Strategy
$4.71                 Buy
$5.00                 Price Target
$4.50                 Risk Management Stop
2 weeks             Trade Duration

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