CFD Trading – Buy GF Sec (1776.HKE) at $12.00. Stop at $11.30 and Target at $13.30.

GF SEC   Stock Code 1776.HKE

Outlook
Price managed to stay above the cloud as well as the Base line which is acting as support at the moment, keeping the bullish trend intact. There was a bullish Conversion and Base lines crossover that hints for potential upside ahead. The MACD is bullish and a bullish MACD crossover is likely. We see price continuing its upward momentum to HK$13.36

Strategy                  
$12.00                Buy
$13.30                Price Target
$11.30                Risk Management Stop
2 weeks             Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.