CFD Trading – Buy Xinyi Solar (968.HKE) at $15.60. Stop at $13.30 and Target at $19.90.

XINYI SOLAR   Stock Code 0968.HKE

The outlook of this stock is bullish as price has been trading above the cloud. It has broken out from the declining trendline that formed since January 2021 as well. The Lagging Span is above the price of 26 days ago but still inside the cloud. There is a bullish Conversion and Base lines crossover that hints for potential upside ahead. The MACD is bullish and is moving higher. We could see price continuing its upward momentum to move higher $19.91.

$15.60                Buy
$19.90                Price Target
$13.30                Risk Management Stop
2 weeks              Trade Duration

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