GREATWALL MOTOR Stock Code 2333.HKE
Price broke and closed above the declining trendline that formed since January 2021. It has been trading above the cloud as well, posting a positive outlook of the stock price. The Lagging Span is above the cloud and the price of 26 days ago, confirming the bullish trend. There is also bullish Conversion and Base lines crossover that hints for the upside ahead. The MACD is rising and just had a bullish crossover. We are likely to see price continuing to move higher to HK$31.32.
$31.30 Price Target
$21.00 Risk Management Stop
2 weeks Trade Duration