CFD Trading – Buy Greatwall Motor (2333.HKE) at $26.00. Stop at $22.65 and Target at $31.30.

GREATWALL MOTOR   Stock Code 2333.HKE

Outlook
Price broke and closed above the cloud during the last trading session, changing the stock outlook from bearish to bullish. The Lagging Span is above the price of 26 days ago but is still inside the cloud. There is a bullish Conversion line and Base line crossover that hints for potential upside ahead. The MACD is bullish and is moving higher. We could see price continuing its upward momentum to the previous high at HK$31.29.

Strategy
$26.00               Buy
$31.30                Price Target
$22.65               Risk Management Stop
2 weeks             Trade Duration

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